SEC Form 4 · accession 0001657971-16-000066
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
Dec 14, 2016
Accepted (ET)
Dec 15, 2016 · 4:50 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 | Dec 14, 2016 | M | 750 | $13.29 | A | 22,873 | D | |
| Common StockF2 | Dec 14, 2016 | M | 1,125 | $16.68 | A | 23,998 | D | |
| Common StockF3 | Dec 14, 2016 | M | 2,100 | $27.96 | A | 26,098 | D | |
| Common StockF4 | Dec 14, 2016 | M | 1,025 | $36.74 | A | 27,123 | D | |
| Common StockF5 | Dec 14, 2016 | S | 5,000 | $62.253 | D | 22,123 | 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 | $13.29 | Dec 14, 2016 | M | 750 | D | Dec 5, 2013 | Dec 4, 2022 | Common Stock | 750 | 0 | D |
| Stock Option Right to Buy | $16.68 | Dec 14, 2016 | M | 1,125 | D | Dec 6, 2014 | Dec 5, 2023 | Common Stock | 1,125 | 0 | D |
| Stock Option Right to Buy | $27.96 | Dec 14, 2016 | M | 2,100 | D | Dec 5, 2015 | Dec 4, 2024 | Common Stock | 2,100 | 0 | D |
| Stock Option Right to Buy | $36.74 | Dec 14, 2016 | M | 1,025 | D | Dec 4, 2016 | Dec 3, 2025 | Common Stock | 1,025 | 0 | D |
Explanation of responses
- F1Represents the exercise of stock options granted on December 5, 2012 at an exercise price of $13.29 under the Issuer's 2012 Stock Incentive Plan
- F2Represents the exercise of stock options granted on December 6, 2013 at an exercise price of $16.68 under the Issuer's 2012 Stock Incentive Plan.
- F3Represents the exercise of stock options granted on December 5, 2014 at an exercise price of $27.96 under the Issuer's 2012 Stock Incentive Plan.
- F4Represents the exercise of stock options granted on December 4, 2015 at an exercise price of $36.74 under the Issuer's 2012 Stock Incentive Plan.
- F5The price reported is the weighted average of all the shares sold on December 14, 2016. The shares were sold at varying prices ranging from $61.80 to $63.00 The reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.