Alice McCarvill - Feb 19, 2021 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Exec VP Human Resources
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, 08:16 AM
Next filing
Feb 23, 2022

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 F3, F4
holding AIN Phantom Stock Units 1.5K Feb 19, 2021 Class A Common Stock 1.5K Direct F1, F2
* 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 21, 2019 pursuant to the Phantom Stock 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 752 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
F3 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.
F4 577 Restricted Stock Units vest on February 19, 2022; 576 Restricted Stock Units vest on February 19, 2023; and 576 Restricted Stock Units vest on February 19, 2024.