BARNHART DALE G 4
4 · LYDALL INC /DE/ · Filed Nov 20, 2017
Insider Transaction Report
Form 4
BARNHART DALE G
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Option Right to Buy
2017-11-17−12,685→ 0 totalExercise: $13.29From: 2013-12-05Exp: 2022-12-04→ Common Stock (12,685 underlying) - Exercise/Conversion
Common Stock
2017-11-17$13.29/sh+12,685$168,584→ 241,926 total - Sale
Common Stock
2017-11-17$53.90/sh−12,685$683,774→ 229,241 total
Footnotes (3)
- [F1]Represents the exercise of 12,685 Stock Options granted on December 5, 2012 at an exercise price of $13.29 under the Issuer's Amended and Restated 2012 Stock Incentive Compensation Plan.
- [F2]The price reported is the weighted average of all the shares sold on November 17, 2017. The shares were sold at prices ranging from $53.75 to $54.35. The Reporting Person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
- [F3]Stock Options granted under the Amended and Restated 2012 Stock Incentive Compensation Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.