Justice Anthony N. 4
4 · LYDALL INC /DE/ · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Justice Anthony N.
VP and CHRO
Transactions
- Award
Option to Buy
2021-02-18+6,335→ 6,335 totalExercise: $32.19From: 2022-02-18Exp: 2031-02-18→ Common Stock (6,335 underlying) - Award
Common Stock
2021-02-18+3,110→ 3,110 total - Award
Common Stock
2021-02-22+2,875→ 8,860 total - Award
Common Stock
2021-02-22+2,875→ 5,985 total
Footnotes (4)
- [F1]Restricted stock award granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan, consisting of 3,110 shares, which shall vest in two equal installments on the second and third anniversaries of the Grant Date.
- [F2]Restricted stock award granted under the Lydall, Inc. Amended and Restated 2012 Stock Incentive Plan, consisting of 2,875 shares, which shall vest in three equal installments on the first, second and third anniversaries of the Grant Date.
- [F3]Represents an award of Performance Shares granted under the Lydall, Inc. 2012 Stock Incentive Plan, which award is subject to a 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, 2021 through December 31, 2023.
- [F4]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.