SEC Form 4 · accession 0001472668-15-000011
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James V Laughlan
Officer — VP, CAO & Treasurer
Period of report
Feb 28, 2015
Accepted (ET)
Mar 3, 2015 · 10:48 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000060977
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 28, 2015 | F | 267 | $31.86 | D | 22,915 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In conjunction with the vesting on February 28, 2015 of 717 shares of Restricted Stock granted on February 28, 2014, 267 shares of common stock were surrendered to satisfy tax obligations of the Reporting Person.
- F24,500 Performance Shares owned by the Reporting Person were forfeited on February 27, 2015 upon certification by the Compensation Committee of the Board of Directors that the relevant 2014 financial performance criteria was not achieved.