SEC Form 4 · accession 0001472668-15-000012
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Leslie Duffy
Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 1:56 pm 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 | Mar 5, 2015 | M | 2,164 | $18.13 | A | 65,066 | D | |
| Common StockF2 | Mar 5, 2015 | M | 3,325 | $9.35 | A | 68,391 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Right to BuyF3 | $18.13 | Mar 5, 2015 | M | 2,164 | D | Apr 26, 2008 | Apr 25, 2017 | Common Stock | 2,164 | 0 | D |
| Stock Option Right to BuyF3 | $9.35 | Mar 5, 2015 | M | 3,325 | D | Apr 26, 2007 | Apr 25, 2016 | Common Stock | 3,325 | 0 | D |
Explanation of responses
- F1Reporting Person exercised stock options totalling 2,164 shares granted on April 26, 2007 with a grant price of $18.13 per share.
- F2Reporting Person exercised stock options totalling 3,325 shares granted on April 27, 2006 with a grant price of $9.35 per share.
- F3Stock Option was granted under the Issuer's 2003 Stock Incentive Compensation Plan; Stock Option became exercisable 25% per year beginning one year from the initial grant date.