4//SEC Filing
Diwanji Ashish P. 4
Accession 0001780989-20-000028
CIK 0000060977other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 1:55 PM ET
Size
12.4 KB
Accession
0001780989-20-000028
Insider Transaction Report
Form 4
Diwanji Ashish P.
SVP, Innovation & CTO
Transactions
- Award
Common Stock
2020-04-24+11,510→ 28,770 total - Award
Option to Buy
2020-04-24+40,871→ 40,871 totalExercise: $8.69From: 2021-04-24Exp: 2030-04-24→ Common Stock (40,871 underlying) - Award
Common Stock
2020-04-24+17,260→ 17,260 total
Footnotes (3)
- [F1]Represents an award of Performance Shares granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan, 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 the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan, consisting of 11,510 shares, which shall vest in two equal installments on the second and third anniversaries of the Grant Date.
- [F3]Stock options granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.
Documents
Issuer
LYDALL INC /DE/
CIK 0000060977
Entity typeother
Related Parties
1- filerCIK 0001810169
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 1:55 PM ET
- Size
- 12.4 KB