SEC Form 4 · accession 0001657971-19-000001
LYDALL INC /DE/ · LDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Marold
Officer — President, Lydall PM
Period of report
Feb 18, 2019
Accepted (ET)
Feb 21, 2019 · 4:07 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,F2 | Feb 18, 2018 | F | 821 | $27.59 | D | 21,552 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents Securities surrendered to satisfy tax obligations of the Reporting Person in connection with the vesting on the Transaction Date of February 18, 2019, 2,766 shares of restricted stock awarded by the Issuer to the Reporting Person on February 18, 2016.
- F24,610 Performance Shares owned by the Reporting Person were forfeited on February 15, 2019 upon certification by the Compensation Committee of the Board of Directors that the relevant financial performance criteria was not achieved.