SEC Form 4 · accession 0001657971-16-000036
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen Burdett
Director
Period of report
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 3:26 pm EDT
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 29, 2016 | M | 3,325 | $9.35 | A | 48,839 | D | |
| Common StockF2 | Mar 29, 2016 | F | 927 | $33.54 | D | 47,912 | 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 Buy | $9.35 | Mar 29, 2016 | M | 3,325 | D | Apr 24, 2010 | Apr 23, 2019 | Common Stock | 3,325 | 0 | D |
Explanation of responses
- F1Represents the exercise of non-qualified stock options granted under the Issuer's Amended and Restated 2003 Stock Incentive Compensation Plan.
- F2Represents the amount of shares surrendered to exercise the 3,325 stock options.