SODERSTROM S CARL JR 4
4 · LYDALL INC /DE/ · Filed Jun 22, 2018
Insider Transaction Report
Form 4
SODERSTROM S CARL JR
Director
Transactions
- Award
Common Stock
2018-06-22$42.90/sh+419$17,975→ 19,544 total
Footnotes (1)
- [F1]Pursuant to a resolution adopted by the Board of Directors of the Issuer on June 22, 2018, and to reflect the change in timing of stock awards to non-employee directors (as described in the 2018 Proxy Statement), each non-employee director received a grant of 419 shares of common stock for the period starting January 1, 2018 through April 27, 2018, which was the date of the 2018 Annual Meeting. The number of shares granted was determined by dividing the pro-rata fee for the covered period ($19,230) by the closing price on the date of the 2018 Annual Meeting ($45.90).