LAUGHLAN JAMES V 4
4 · LYDALL INC /DE/ · Filed Feb 22, 2018
Insider Transaction Report
Form 4
LAUGHLAN JAMES V
Controller
Transactions
- Tax Payment
Common Stock
2018-02-20$44.35/sh−724$32,109→ 14,643 total - Award
Common Stock
2018-02-20−550→ 15,367 total
Footnotes (2)
- [F1]Represents an increase from the number of Performance Shares granted under the Company's 2012 Stock Incentive Plan on December 5, 2014, following the certification, on February 20, 2018, by the Compensation Committee of the attainment of the performance criteria set forth in the award in excess of target. The shares covered by this report, as well as the original 1,800 shares underlying the award previously reported on December 9, 2014, vested in full on February 20, 2018.
- [F2]In conjunction with the vesting on February 20, 2018 of 2,350 shares of Performance Shares granted under the Company's 2012 Stock Incentive Plan on December 5, 2014, 724 shares of common stock were surrendered to satisfy tax obligations of the Reporting Person.