LYDALL INC /DE/ 4
4 · LYDALL INC /DE/ · Filed Feb 25, 2011
Insider Transaction Report
Form 4
Turner Erika H
VP, CFO & Treasurer
Transactions
- Award
Common Stock
2011-02-24+1,400→ 42,609 total
Footnotes (1)
- [F1]Represents an increase from the number of Performance Shares granted under the Company's 2003 Stock Incentive Compensation Plan on December 11, 2009, following the certification, on February 24, 2011, by the Compensation Committee of the attainment of the performance criteria set forth in the award in excess of target. The shares covered by this report, as well as the original 7,000 shares underlying the award previously reported on December 14, 2009, will fully vest in three annual installments commencing as of December 7, 2011, assuming the reporting person remains in the employ of the Company as of such dates.