X0303 4 2008-12-09 0000060977 LYDALL INC /DE/ LDL 0001282482 ESTEY MONA G C/O LYDALL, INC. ONE COLONIAL ROAD, P.O. BOX 151 MANCHESTER CT 06045-0151 0 1 0 0 VP - Human Resources Common Stock 2008-12-08 4 F 0 433 5.20 D 11985 D Common Stock 2008-12-09 4 A 0 3000 4.64 A 14985 D Option to Buy 4.64 2008-12-09 4 A 0 3000 4.64 A 2009-12-09 2018-12-09 Common Stock 3000 48000 D Restricted stock award granted under the Lydall 2003 Stock Incentive Compensation Plan. Award vests in four equal annual installments beginning one year from initial grant date Incentive stock options granted under the Lydall 2003 Stock Incentive Compensation Plan. Options become exercisable in four equal installments beginning one year from initial grant date. Late filing (one day) Kathleen J. Carroll, Attorney-in-fact for Mona G. Estey 2008-12-11