SEC Form 4 · accession 0001657971-15-000012
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Leslie Duffy
Director
Period of report
Dec 16, 2015
Accepted (ET)
Dec 17, 2015 · 9:36 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 | Dec 16, 2015 | M | 3,252 | $11.39 | A | 79,139 | 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 BuyF2 | $11.39 | Dec 16, 2015 | M | 3,252 | D | Apr 25, 2009 | Apr 24, 2018 | Common Stock | 3,252 | 0 | D |
Explanation of responses
- F1Reporting Person exercised stock options totalling 3,252 shares granted on April 25, 2008 with a grant price of $11.39 per share.
- F2Stock 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.