LYDALL INC /DE/ 4/A
4/A · LYDALL INC /DE/ · Filed Feb 23, 2016
Insider Transaction Report
Form 4/AAmended
BARNHART DALE G
DirectorPresident & CEO
Transactions
- Award
Common Stock
2016-02-18+6,434→ 241,473 total - Tax Payment
Common Stock
2016-02-18$27.15/sh−13,468$365,656→ 228,005 total
Footnotes (2)
- [F1]Represents an increase from the number of Performance Shares granted under the Company's 2012 Stock Incentive Compensation Plan on February 18, 2013, following the certification, on February 18, 2016, 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 32,171 shares underlying the award previously reported on February 18, 2013, vested in full on February 18, 2016.
- [F2]In conjunction with the vesting on February 18, 2016 of 38,605 performance shares from the Performance Share Award granted on February 18, 2013 and certified on February 18, 2016, 13,468 shares of common stock were surrendered to satisfy tax obligations on the reporting person.