Gregory N. Harwell - 21 Feb 2023 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President- AEC
Signature
Kathleen M Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
21 Feb 2023
Net transactions value
-$50,255
Form type
4
Filing time
22 Feb 2023, 14:33:54 UTC
Previous filing
07 Nov 2022
Next filing
27 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 Options Exercise $0 +1,228 +199% $0.000000 1,845 21 Feb 2023 Direct F1
transaction AIN Class A Common Stock Tax liability $50,255 -501 -27% $100.31 1,344 21 Feb 2023 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
transaction AIN Restricted Stock Units Options Exercise $0 -1,228 -50% $0.000000 1,228 21 Feb 2023 Class A Common Stock 2,456 Direct F3, F4
holding AIN Restricted Stock Units 3,703 21 Feb 2023 Class A Common Stock 3,703 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 vesting of Restricted Stock Units granted February 19, 2021.
F2 Shares withheld to satisfy tax liability in connection with the transaction described in footnote 1 above.
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 1,228 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.
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 1,234 Restricted Stock Units vest on March 1, 2023; 1,234 Restricted Stock Units vest on March 1, 2024; and 1,235 Restricted Stock Units vest on March 1, 2025.