4//SEC Filing
LYDALL INC /DE/ 4
Accession 0001428642-09-000096
CIK 0000060977operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 2:03 PM ET
Size
13.4 KB
Accession
0001428642-09-000096
Insider Transaction Report
Form 4
Turner Erika H
VP, CFO & Treasurer
Transactions
- Award
Common Stock
2009-12-11+12,000→ 24,035 total - Award
Option to Buy
2009-12-11+2,000→ 2,000 totalExercise: $5.54From: 2010-12-11Exp: 2019-12-10→ Common Stock (2,000 underlying) - Award
Common Stock
2009-12-11+7,000→ 12,035 total
Footnotes (4)
- [F1]Represents an award of Performance Shares granted under the Company's 2003 Stock Incentive Compensation Plan, which award is subject to a substantial risk of forfeiture. The actual number of Performance Shares that will be allowed to vest, if any, will be determined upon the certification by the Compensation Committee of the Board of Directors of the Company that the Company has achieved certain specified financial performance criteria during the one-year period ending December 31, 2010. The Performance Shares vest, to the extent determined, in three equal annual installments beginning on December 7, 2011.
- [F2]Represents an award of Performance Shares granted under the Company's 2003 Stock Incentive Compensation Plan, which award is subject to a substantial risk of forfeiture and vests, if at all, to the extent determined upon the certification by the Compensation Committee of the Board of Directors of the Company that the Company has achieved certain specified financial performance criteria during the one-year period ending December 31, 2012.
- [F3]Includes 35 shares acquired by the reporting person under the Issuer's Employee Stock Purchase Plan since the filing of the last Form 4 by the reporting person on November 6, 2009.
- [F4]Incentive stock options granted under the amended and Restated Lydall 2003 Stock Incentive Compensation Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.
Issuer
LYDALL INC /DE/
CIK 0000060977
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000060977
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 2:03 PM ET
- Size
- 13.4 KB