Robert Alan Hansen - 27 Feb 2023 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Senior Vice President & CTO
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
27 Feb 2023
Net transactions value
-$638,002
Form type
4
Filing time
01 Mar 2023, 08:51:57 UTC
Previous filing
23 Feb 2023
Next filing
24 Aug 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 Sale $193,667 -1,900 -14% $101.93 11,504 27 Feb 2023 Direct
transaction AIN Class A Common Stock Options Exercise $0 +915 $0.000000 915 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $99,918 -915 -100% $109.20 0 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +935 $0.000000 935 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $102,102 -935 -100% $109.20 0 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +748 $0.000000 748 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $81,682 -748 -100% $109.20 0 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +827 $0.000000 827 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $90,308 -827 -100% $109.20 0 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +644 $0.000000 644 01 Mar 2023 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $70,325 -644 -100% $109.20 0 01 Mar 2023 Direct F1

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 -915 -100% $0.000000* 0 01 Mar 2023 Class A Common Stock 915 Direct F2, F3
transaction AIN Phantom Stock Units Options Exercise $0 -935 -50% $0.000000 935 01 Mar 2023 Class A Common Stock 1,870 Direct F4, F5
transaction AIN Phantom Stock Units Options Exercise $0 -748 -33% $0.000000 1,496 01 Mar 2023 Class A Common Stock 2,244 Direct F6, F7
transaction AIN Phantom Stock Units Options Exercise $0 -827 -25% $0.000000 2,482 01 Mar 2023 Class A Common Stock 3,309 Direct F8, F9
transaction AIN Phantom Stock Units Options Exercise $0 -644 -20% $0.000000 2,578 01 Mar 2023 Class A Common Stock 3,222 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 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.
F3 917 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
F4 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.
F5 935 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
F6 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.
F7 748 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F8 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.
F9 827 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2022.
F10 Phantom Stock Units granted on February 23, 2023 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 644 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2023.