Christine L. Standish - 10 Aug 2021 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Director
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
10 Aug 2021
Net transactions value
-$119,011,051
Form type
4
Filing time
10 Aug 2021, 21:42:03 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Conversion of derivative security $0 +50,000 $0.000000 50,000 10 Aug 2021 See Footnote F1, F2
transaction AIN Class A Common Stock Conversion of derivative security $0 +100 +1.4% $0.000000 7,066 10 Aug 2021 Direct F1
transaction AIN Class A Common Stock Conversion of derivative security $0 +169,117 $0.000000 169,117 10 Aug 2021 Held by J.S. Standish Co. F1
transaction AIN Class A Common Stock Sale $12,847,074 -169,117 -100% $75.97 0 10 Aug 2021 Held by J.S. Standish Co. F3
transaction AIN Class A Common Stock Conversion of derivative security $0 +1,397,527 $0.000000 1,397,527 10 Aug 2021 Held by Standish Family Holdings, LLC F1
transaction AIN Class A Common Stock Sale $106,163,977 -1,397,527 -100% $75.97 0 10 Aug 2021 Held by Standish Family Holdings, LLC F3
holding AIN Class A Common Stock 364 10 Aug 2021 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIN Class B Common Stock Conversion of derivative security $0 -169,117 -100% $0.000000* 0 10 Aug 2021 Class A Common Stock 169,117 Held by J.S. Standish Co. F4
transaction AIN Class B Common Stock Conversion of derivative security $0 -1,397,527 -100% $0.000000* 0 10 Aug 2021 Class A Common Stock 1,397,527 Held by Standish Family Holdings, LLC F4
transaction AIN Class B Common Stock Conversion of derivative security $0 -50,000 -100% $0.000000* 0 10 Aug 2021 Class A Common Stock 50,000 See Footnote F2, F4
transaction AIN Class B Common Stock Conversion of derivative security $0 -100 -100% $0.000000* 0 10 Aug 2021 Class A Common Stock 100 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Christine L. Standish is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock on a share-by-share basis.
F2 Shares are held in the Discretionary Trust for Christine L. Standish U/A/D 6/21/83 for which Reporting Person is the primary beneficiary.
F3 Represents shares of Class A Common Stock sold to the underwriters pursuant to an underwritten public offering that closed on August 10, 2021. The price per share received by the reporting persons is equal to the public offering price of $75.9656.
F4 Convertible on a share-by-share basis into shares of Class A Common Stock.