Filing Details

Accession Number:
0001472668-14-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-09 16:48:26
Reporting Period:
2014-12-05
Filing Date:
2014-12-09
Accepted Time:
2014-12-09 16:48:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
60977 Lydall Inc LDL Motor Vehicle Parts & Accessories (3714) 060865505
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1600040 A. Joseph Abbruzzi C/O Lydall, Inc.
One Colonial Road
Manchester CT 06042
Pres., Industrial Filtration No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-12-05 4,500 $0.00 34,694 No 4 A Direct
Common Stock Acquisiton 2014-12-08 2,500 $13.29 37,194 No 4 M Direct
Common Stock Disposition 2014-12-08 1,510 $28.19 35,684 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option to Buy Acquisiton 2014-12-05 10,500 $0.00 10,500 $27.96
Common Stock Option to Buy Disposition 2014-12-08 2,500 $0.00 2,500 $13.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,500 2015-12-05 2024-12-04 No 4 A Direct
7,500 2013-12-05 2022-12-04 No 4 M Direct
Footnotes
  1. Represents 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, 2015 through December 31, 2017.
  2. Reporting Person exercised stock options totalling 2,500 shares granted on December 5, 2012 with a grant price of $13.29 per share and sold 1,150 shares at $28.19 per share.
  3. Stock options granted under the Lydall, Inc. 2012 Stock Incentive Plan. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date.