Daniel A. Halftermeyer - Mar 1, 2023 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, 2023
Transactions value $
-$304,336
Form type
4
Date filed
3/2/2023, 12:34 PM
Previous filing
Feb 27, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Award $0 +9.76K +20.31% $0.00 57.8K Mar 1, 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +1.43K +2.47% $0.00 59.3K Mar 1, 2023 Direct F2
transaction AIN Class A Common Stock Tax liability -$304K -3.02K -5.1% $100.74 56.2K Mar 1, 2023 Direct F3

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 -1.43K -33.33% $0.00 2.86K Mar 1, 2023 Class A Common Stock 4.29K Direct F6, F7
holding AIN Restricted Stock Units 1.1K Mar 1, 2023 Class A Common Stock 1.1K Direct F4, F5
holding AIN Restricted Stock Units 4.06K Mar 1, 2023 Class A Common Stock 4.06K Direct F8, F9
* 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 distributed pursuant to vesting of Restricted Stock units granted February 25, 2022.
F3 Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1 and 2 above.
F4 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.
F5 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.
F6 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.
F7 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.
F8 Restricted Stock Units granted February 24, 2023 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.
F9 1353 Restricted Stock Units vest on March 1, 2024; 1353 Restricted Stock Units vest on March 1, 2025; and 1353 Restricted Stock Units vest on March 1, 2026.