BARNHART DALE G 4
4 · LYDALL INC /DE/ · Filed Feb 22, 2018
Insider Transaction Report
Form 4
BARNHART DALE G
DirectorPresident & CEO
Transactions
- Award
Common Stock
2018-02-20+6,010→ 249,716 total - Tax Payment
Common Stock
2018-02-20$44.35/sh−10,351$459,067→ 239,365 total
Footnotes (2)
- [F1]Represents an increase from the number of Performance Shares granted under the Company's 2012 Stock Incentive Compensation Plan on December 5, 2014, following the certification, on February 20, 2018, 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 19,700 shares underlying the award previously reported on December 9, 2014, vested in full on February 20,2018.
- [F2]In conjunction with the vesting on February 20, 2018 of 25,710 performance shares from the Performance Share Award granted on December 5, 2014 and certified on February 20, 2018, 10,351 shares of common stock were surrendered to satisfy tax obligations on the reporting person.