SEC Form 4/A · accession 0001657971-18-000050

· LDL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owner

Officer — VP, CAO & Treasurer

Period of report

Dec 7, 2018

Accepted (ET)

Dec 21, 2018 · 1:33 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 Stock^F1	Dec 7, 2018	A	4,345	$0.00	A	19,677	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option to Buy^F2	$20.16	Dec 7, 2018	A	12,080	A	Dec 7, 2019	Dec 7, 2028	Common Stock	12,080	12,080	D

F1Represents an award of Performance Shares granted under the Lydall 2012 Stock Incentive Plan, which award is subject to a substantial risk of forfeiture and vests, if at all, to the extent determined upon certification by the Compensation Committee of the Board of Directors of the Company that the Company has achieved certain specified financial performance criteria during the three-year period, January 1, 2019 through December 31, 2021. This amendment corrects the number of shares granted on December 7, 2018. The original filing incorrectly reported 1,690 shares, rather than the 4,345 shares actually granted.
F2This amendment corrects the number of shares subject to options granted on December 7, 2018. The original filing incorrectly reported 4,890 option shares, rather than the 12,080 option shares actually granted. Stock options are granted under the Lydall, Inc. 2012 Stock Incentive Plan and become exercisable at the rate of 25% per year, beginning one year from initial grant date.