Joseph M. Gaug - 23 Feb 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
23 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 11:23:57 UTC
Previous filing
21 Feb 2024
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIN Class A Common Stock 3,684 23 Feb 2024 Direct

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 Award $0 +2,714 $0.000000 2,714 23 Feb 2024 Class A Common Stock 2,714 Direct F9, F10
holding AIN Phantom Stock Units 462 23 Feb 2024 Class A Common Stock 462 Direct F1, F2
holding AIN Phantom Stock Units 926 23 Feb 2024 Class A Common Stock 926 Direct F3, F4
holding AIN Restricted Stock Units 1,282 23 Feb 2024 Class A Common Stock 1,282 Direct F5, F6
holding AIN Restricted Stock Units 2,122 23 Feb 2024 Class A Common Stock 2,122 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock Units granted on February 20, 2020 pursuant to the Phantom Stock Unit 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.
F2 461 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
F3 Phantom Stock Units granted on February 18, 2021 pursuant to the Phantom Stock Unit 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.
F4 463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
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 641 Restricted Stock Units vest on March 1, 2023; 641 Restricted Stock Units vest on March 1, 2024; and 641 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 708 Restricted Stock Units vest on March 1, 2024; 707 Restricted Stock Units vest on March 1, 2025; and 707 Restricted Stock Units vest on March 1, 2026.
F9 Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp. 2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting.
F10 905 Restricted Stock Units vest on March 1, 2025; 905 Restricted Stock Units vest on March 1, 2026; and 904 Restricted Stock Units vest on March 1, 2027.