Daniel A. Halftermeyer - 01 Mar 2022 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President, MC
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
01 Mar 2022
Net transactions value
-$148,030
Form type
4
Filing time
02 Mar 2022, 11:40:57 UTC
Previous filing
28 Feb 2022
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Award $0 +6,580 +15% $0.000000 49,038 01 Mar 2022 Direct F1
transaction AIN Class A Common Stock Tax liability $148,030 -1,776 -3.6% $83.35 47,262 01 Mar 2022 Direct F2

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
holding AIN Restricted Stock Units 2,199 01 Mar 2022 Class A Common Stock 2,199 Direct F3, F4
holding AIN Restricted Stock Units 4,291 01 Mar 2022 Class A Common Stock 4,291 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan.
F2 Shares withheld to satisfy the tax liability in connection with the acquisition described in footnote 1.
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 1,099 Restricted Stock Units vest on February 19, 2022; 1,099 Restricted Stock Units vest on February 19, 2023; and 1,100 Restricted Stock Units vest on February 19, 2024.
F5 Restricted Stock Units granted February 25, 2022 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 1,430 Restricted Stock Units vest on March 1, 2023; 1,430 Restricted Stock Units vest on March 1, 2024; and 1,431Restricted Stock Units vest on March 1, 2025.