4//SEC Filing
Greenstein Sara A. 4
Accession 0001780989-19-000023
CIK 0000060977other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 2:24 PM ET
Size
12.5 KB
Accession
0001780989-19-000023
Insider Transaction Report
Form 4
Greenstein Sara A.
DirectorPresident and CEO
Transactions
- Award
Common Stock
2019-11-20+51,020→ 51,020 total - Award
Option to Buy
2019-11-20+110,620→ 110,620 totalExercise: $18.62From: 2020-11-20Exp: 2029-11-19→ Common Stock (110,620 underlying) - Award
Common Stock
2019-11-20+56,391→ 107,411 total
Footnotes (3)
- [F1]Represents an award of Performance Shares granted under that certain Inducement Performance Share Award Agreement, dated November 20, 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.
- [F2]Restricted stock award granted under that certain Inducement Restricted Share Award Agreement, dated November 20, 2019 pursuant to Rule 303A.08, consisting of 56,391shares, which vest in three equal installments commencing on the first anniversity of the Grant Date.
- [F3]Stock options granted under that certain Inducement Nonqualified Stock Option Award Agreement, dated November 20, 2019 pursuant to Rule 303A.08. Options become exercisable at the rate of one-third per year, beginning one year from initial grant date.
Documents
Issuer
LYDALL INC /DE/
CIK 0000060977
Entity typeother
Related Parties
1- filerCIK 0001626567
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 2:24 PM ET
- Size
- 12.5 KB