Daniel A. Halftermeyer - Mar 1, 2022 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President, MC
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Mar 1, 2022
Transactions value $
-$148,030
Form type
4
Date filed
3/2/2022, 11:40 AM
Previous filing
Feb 28, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Award $0 +6.58K +15.5% $0.00 49K Mar 1, 2022 Direct F1
transaction AIN Class A Common Stock Tax liability -$148K -1.78K -3.62% $83.35 47.3K Mar 1, 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 2.2K Mar 1, 2022 Class A Common Stock 2.2K Direct F3, F4
holding AIN Restricted Stock Units 4.29K Mar 1, 2022 Class A Common Stock 4.29K 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.