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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Restricted stock award granted under the Lydall, Inc. 2012 Stock Incentive Plan on December 5, 2012. Award vests at the rate of 25% per year, beginning one year from initial grant date. |
(2) |
Restricted stock award granted under the Lydall, Inc. 2012 Stock Incentive Plan on December 6, 2013. Award vests at the rate of 25% per year, beginning one year from initial grant date. |
(3) |
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 ending December 31, 2016. |
(4) |
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 ending December 31, 2017. |
(5) |
Incentive stock options granted under the Lydall, Inc. 2012 Stock Incentive Plan on December 5, 2014. Options become exercisable at the rate of 25% per year, beginning one year from initial grant date. |