Joseph M. Gaug - Feb 19, 2021 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role: VP-General Counsel & Secretary
Signature: Kathleen M. Tyrrell, Attorney-in-Fact
Stock symbol: AIN
Transactions as of: Feb 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 2/4/2022, 07:51 AM
Next filing: Feb 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AIN	Class A Common Stock						1.13K	Feb 19, 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	Restricted Stock Units	Award	$0	+1.73K		$0.00	1.73K	Feb 19, 2021	Class A Common Stock	1.73K		Direct	F9, F10
holding	AIN	Phantom Stock Units						324	Feb 19, 2021	Class A Common Stock	324		Direct	F1, F2
holding	AIN	Phantom Stock Units						879	Feb 19, 2021	Class A Common Stock	879		Direct	F3, F4
holding	AIN	Phantom Stock Units						1.38K	Feb 19, 2021	Class A Common Stock	1.38K		Direct	F5, F6
holding	AIN	Phantom Stock Units						1.85K	Feb 19, 2021	Class A Common Stock	1.85K		Direct	F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Phantom Stock Units granted on February 22, 2018 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F2	324 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018.
F3	Phantom Stock Units granted on February 21, 2019 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F4	437 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
F5	Phantom Stock Units granted on February 20, 2020 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F6	461 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
F7	Phantom Stock Units granted on February 18, 2021 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
F8	463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F9	Restricted Stock Units granted February 19, 2021 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F10	576 Restricted Stock Units vest on February 19, 2022; 576 Restricted Stock Units vest on February 19, 2023; and 575 Restricted Stock Units vest on February 19, 2024.