Gregory N. Harwell - Feb 20, 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President- AEC
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Feb 20, 2024
Transactions value $
-$48,349
Form type
4
Date filed
2/21/2024, 01:00 PM
Previous filing
Aug 23, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Options Exercise $0 +1.23K +5.32% $0.00 24.3K Feb 20, 2024 Direct F1
transaction AIN Class A Common Stock Tax liability -$48.3K -524 -2.15% $92.27 23.8K Feb 20, 2024 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 -1.23K -100% $0.00* 0 Feb 20, 2024 Class A Common Stock 1.23K Direct F3, F4
holding AIN Restricted Stock Units 2.47K Feb 20, 2024 Class A Common Stock 2.47K Direct F5, F6
holding AIN Restricted Stock Units 3.55K Feb 20, 2024 Class A Common Stock 3.55K Direct F7, F8
* 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.
F7 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.
F8 1183 Restricted Stock Units vest on March 1, 2024;1182 Restricted Stock Units vest on March 1, 2025; and 1182 Restricted Stock Units vest on March 1, 2026.