X0303 4 2010-04-28 0000060977 LYDALL INC /DE/ LDL 0001355571 GURLEY WILLIAM D C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042 1 0 0 0 Option to Buy 8.65 2010-04-28 4 A 0 325 0 A 2011-04-28 2020-04-27 Common Stock 325 325 D Option to Buy 8.65 2010-04-28 4 A 0 3000 0 A 2011-04-28 2020-04-27 Common Stock 3000 3000 D Non-qualified stock options granted under the Amended and Restated Lydall 2003 Stock Incentive Compensation Plan. These options are granted automatically on the date of the Annual Meeting of Shareholders to each person then serving as an Outside Director of the Issuer and become exercisable in three equal installments commencing on the first anniversary of the date of grant. Options are exercisable until the earlier of ten years from date of grant or a period of three years from the date on which such person ceases to be a Director of the Issuer. Non-qualified stock options granted under the Amended and Restated Lydall 2003 Stock Incentive Compensation Plan. These options are granted automatically on the date of the Annual Meeting of Shareholders to each person then serving as an Outside Director of the Issuer and become exercisable in four equal annual installments commencing as of the first anniversary of the date of grant. Options are exercisable until the earlier of ten years from date of grant or a period of three months from the date such person ceases to be a Director of the Issuer (for any reason other than death). Paul G. Igoe, Attorney-in-fact for William D. Gurley 2010-04-29