BARNHART DALE G 4
4 · LYDALL INC /DE/ · Filed Dec 12, 2017
Insider Transaction Report
Form 4
BARNHART DALE G
DirectorPresident & CEO
Transactions
- Award
Common Stock
2017-12-08+14,465→ 243,706 total - Award
Option to Buy
2017-12-08+41,880→ 41,880 totalExercise: $51.85From: 2018-12-08Exp: 2027-12-08→ Common Stock (41,880 underlying)
Footnotes (2)
- [F1]Represents an award of Performance Shares granted under the Lydall 2012 Stock Incentive Plan, which award is subject to a 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, 2018 through December 31, 2020.
- [F2]Stock options granted under the Lydall, Inc. 2012 Stock Incentive Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.