Andrew William Higgins - 01 Sep 2023 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Director
Signature
Kathleen M. Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
01 Sep 2023
Net transactions value
-$901,568
Form type
4
Filing time
05 Sep 2023, 15:23:20 UTC
Previous filing
21 Apr 2023
Next filing
04 Mar 2024
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 +717 +1.9% $0.000000 38,403 01 Sep 2023 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +4,177 +11% $0.000000 42,580 01 Sep 2023 Direct F2, F3
transaction AIN Class A Common Stock Options Exercise $0 +8,528 +20% $0.000000 51,108 01 Sep 2023 Direct F3, F4
transaction AIN Class A Common Stock Options Exercise $0 +11,842 +23% $0.000000 62,950 01 Sep 2023 Direct F3, F5
transaction AIN Class A Common Stock Tax liability $901,568 -9,660 -15% $93.33 53,290 01 Sep 2023 Direct F6

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 -4,177 -100% $0.000000* 0 01 Sep 2023 Class A Common Stock 4,177 Direct F3, F7
transaction AIN Restricted Stock Units Options Exercise $0 -8,528 -100% $0.000000* 0 01 Sep 2023 Class A Common Stock 8,528 Direct F3, F8
transaction AIN Restricted Stock Units Options Exercise $0 -11,842 -100% $0.000000* 0 01 Sep 2023 Class A Common Stock 11,842 Direct F3, 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 the Directors' Annual Retainer Plan
F2 Shares distributed pursuant to vesting of Restricted Stock units granted February 19, 2021
F3 Restricted Stock Units vested upon the reporting person's September 1, 2023 retirement from the Company.
F4 Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022.
F5 Shares distributed pursuant to vesting of Restricted Stock units granted February 24, 2023.
F6 Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2, 4 and 5 above.
F7 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.
F8 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.
F9 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.