Robert Alan Hansen - Mar 1, 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
Senior Vice President & CTO
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Mar 1, 2024
Transactions value $
-$351,332
Form type
4
Date filed
3/1/2024, 09:23 AM
Previous filing
Feb 26, 2024
Next filing
Nov 5, 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 +935 $0.00 935 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$83.9K -935 -100% $89.74 0 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +748 $0.00 748 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$67.1K -748 -100% $89.74 0 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +827 $0.00 827 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$74.2K -827 -100% $89.74 0 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +644 $0.00 644 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$57.8K -644 -100% $89.74 0 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +761 $0.00 761 Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer -$68.3K -761 -100% $89.74 0 Mar 1, 2024 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 -935 -100% $0.00* 0 Mar 1, 2024 Class A Common Stock 935 Direct F2, F3
transaction AIN Phantom Stock Units Options Exercise $0 -748 -50% $0.00 748 Mar 1, 2024 Class A Common Stock 1.5K Direct F4, F5
transaction AIN Phantom Stock Units Options Exercise $0 -827 -33.32% $0.00 1.66K Mar 1, 2024 Class A Common Stock 2.48K Direct F6, F7
transaction AIN Phantom Stock Units Options Exercise $0 -644 -24.98% $0.00 1.93K Mar 1, 2024 Class A Common Stock 2.58K Direct F8, F9
transaction AIN Phantom Stock Units Options Exercise $0 -761 -33.36% $0.00 1.52K Mar 1, 2024 Class A Common Stock 2.28K 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 footnote 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 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.
F3 935 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
F4 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.
F5 748 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F6 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.
F7 827 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2022.
F8 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.
F9 644 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2023.
F10 Phantom Stock Units granted on February 22, 2024 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 761 Phantom Stock Units will be settled and payable on or about March 1, 2024; 760 on or about March 1, 2025; and 760 on or about March 1, 2026.