Junker Robert B. 4/A
4/A · LYDALL INC /DE/ · Filed Nov 19, 2019
Insider Transaction Report
Form 4/AAmended
Junker Robert B.
President, Lydall TNW
Transactions
- Award
Common Stock
2019-11-01+8,546→ 8,546 total - Award
Option to Buy
2019-11-01+23,592→ 23,592 totalExercise: $19.60From: 2020-11-01Exp: 2029-10-31→ Common Stock (23,592 underlying)
Footnotes (2)
- [F1]Represents an award of Performance Shares granted under that certain Inducement Performance Share Award Agreement, dated November 1, 2019 pursuant to the inducement grant exception under NYSE Listing Company Manual Rule 303A.08 ("Rule 303A.08") which award is subject to 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, 2020 through December 31, 2022. The original filing incorrectly reported that these shares were granted under the Company's 2012 Stock Incentive Plan.
- [F2]Stock options granted under that certain Inducement Nonqualified Stock Option Award Agreement, dated November 1, 2019 pursuant to Rule 303A.08. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date. The original filing incorrectly reported that these options were granted under the Company's 2012 Stock Incentive Plan.