4//SEC Filing
LYDALL INC /DE/ 4
Accession 0001657971-16-000024
CIK 0000060977operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:47 PM ET
Size
12.3 KB
Accession
0001657971-16-000024
Insider Transaction Report
Form 4
Marold Paul A
President, Lydall PM
Transactions
- Award
Common Stock
2016-02-18+6,450→ 6,450 total - Award
Common Stock
2016-02-18+4,610→ 11,060 total - Award
Option to Buy
2016-02-18+11,400→ 11,400 totalExercise: $27.15From: 2017-02-18Exp: 2026-02-17→ Common Stock (11,400 underlying)
Footnotes (3)
- [F1]Restricted stock award granted under the Lydall, Inc. 2012 Stock Incentive Plan, consisting of 6,450 shares, of which 3,677 shares shall vest on the second anniversary of the Grant Date and the remaining 2,773 shares shall vest on the third anniversary of the Grant Date.
- [F2]Represents an award of Performance Shares granted under the Lydall 2012 Stock Incentive Plan, which award is subject to substantial risk of forfeiture and vests, if at all, to the extent determined upon 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 three-year-period, January 1, 2016 through December 31, 2018.
- [F3]Stock options granted under the Lydall, Inc. 2012 Incentive Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.
Documents
Issuer
LYDALL INC /DE/
CIK 0000060977
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000060977
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 3:47 PM ET
- Size
- 12.3 KB