SEC Form 4 · accession 0001657971-17-000037
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A. Abbruzzi
Officer — Pres., Technical Nonwovens
Period of report
Sep 15, 2017
Accepted (ET)
Sep 18, 2017 · 12:48 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 | Sep 15, 2017 | M | 1,037 | $16.98 | A | 39,685 | D | |
| Common StockF2 | Sep 15, 2017 | M | 1,758 | $27.96 | A | 41,443 | D | |
| Common StockF3 | Sep 15, 2017 | S | 2,795 | $52.72 | D | 38,648 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Buy | $16.98 | Sep 15, 2017 | M | 1,037 | D | Dec 6, 2014 | Dec 5, 2023 | Common Stock | 1,037 | 1,037 | D |
| Option to Buy | $27.96 | Sep 15, 2017 | M | 1,758 | D | Dec 5, 2015 | Dec 4, 2024 | Common Stock | 1,758 | 1,758 | D |
Explanation of responses
- F1Reporting Person exercised 1,037 stock options that were granted on December 6, 2013 with a grant price of $16.98 per share.
- F2Reporting Person exercised 1,758 stock options that were granted on December 5, 2014 with a grant price of $27.96 per share.
- F3The price reported is the weighted average of all the shares sold on September 15, 2017. The shares were sold at varying prices in the range of $52.605 to $52.7499. 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.