Gregory N. Harwell - 19 Feb 2021 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Signature
Kathleen M Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
19 Feb 2021
Net transactions value
$0
Form type
4
Filing time
04 Feb 2022, 08:07:44 UTC
Next filing
05 Nov 2021

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 +3,684 $0.000000 3,684 19 Feb 2021 Class A Common Stock 3,684 Direct F4, F5
holding AIN Restricted Stock Units 3,024 19 Feb 2021 Class A Common Stock 3,024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units granted November 4, 2019 pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan. Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock as the time of vesting.
F2 1,764 Restricted Stock Units (plus related dividend units) vest on November 4, 2020; 2,587 Restricted Stock Units (plus related dividend units) vest on November 4, 2021; and 2,941 Restricted Stock Units (plus related dividend units) vest on November 4, 2022.
F3 Includes dividend units accrued on Restricted Stock Units on January 10, 2022.
F4 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.
F5 1,228 Restricted Stock Units vest on February 19, 2022; 1,228 Restricted Stock Units vest on February 19, 2023; and 1,228 Restricted Stock Units vest on February 19, 2024.