Gregory N. Harwell - Feb 22, 2022 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Signature
Kathleen M Tyrrell, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Feb 22, 2022
Transactions value $
-$52,259
Form type
4
Date filed
2/23/2022, 12:45 PM
Previous filing
Nov 5, 2021
Next filing
Feb 28, 2022

Transactions Table

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 Options Exercise $0 -1.23K -33.33% $0.00 2.46K Feb 22, 2022 Class A Common Stock 3.68K Direct F5, F6
holding AIN Restricted Stock Units 3.02K Feb 22, 2022 Class A Common Stock 3.02K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares distributed pursuant to vesting of Restricted Stock units granted February 19, 2021.
F2 Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above.
F3 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.
F4 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.
F5 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.
F6 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.