Robert Alan Hansen - Feb 28, 2022 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Senior Vice President & CTO
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Feb 28, 2022
Transactions value $
-$584,495
Form type
4
Date filed
3/1/2022, 02:02 PM
Previous filing
Feb 25, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$215K -2.45K -100% $87.79 0 Feb 28, 2022 By 401(k)
transaction AIN Class A Common Stock Options Exercise $0 +884 $0.00 884 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$75.7K -884 -100% $85.69 0 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +917 $0.00 917 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$78.6K -917 -100% $85.69 0 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +935 $0.00 935 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$80.1K -935 -100% $85.69 0 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +748 $0.00 748 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$64.1K -748 -100% $85.69 0 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +827 $0.00 827 Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$70.9K -827 -100% $85.69 0 Mar 1, 2022 Direct F1
holding AIN Class A Common Stock 13.4K Feb 28, 2022 Direct

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 Phantom Stock Units Options Exercise $0 -884 -100% $0.00* 0 Mar 1, 2022 Class A Common Stock 884 Direct F2, F3
transaction AIN Phantom Stock Units Options Exercise $0 -917 -50.05% $0.00 915 Mar 1, 2022 Class A Common Stock 1.83K Direct F4, F5
transaction AIN Phantom Stock Units Options Exercise $0 -935 -33.33% $0.00 1.87K Mar 1, 2022 Class A Common Stock 2.81K Direct F6, F7
transaction AIN Phantom Stock Units Options Exercise $0 -748 -25% $0.00 2.24K Mar 1, 2022 Class A Common Stock 2.99K Direct F8, F9
transaction AIN Phantom Stock Units Options Exercise $0 -827 -20% $0.00 3.31K Mar 1, 2022 Class A Common Stock 4.14K Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnotes 2, 4, 6, 8 and 10). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2 Phantom Stock Units granted on February 22, 2018 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.
F3 884 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018.
F4 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.
F5 917 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
F6 Phantom Stock Units granted on February 20, 2020 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.
F7 935 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
F8 Phantom Stock Units granted on February 18, 2021 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.
F9 748 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F10 Phantom Stock Units granted on February 24, 2022 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.
F11 827 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2022.