Gunnar Kleveland - 01 Mar 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President and CEO, Director
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
01 Mar 2024
Net transactions value
-$342,740
Form type
4
Filing time
04 Mar 2024, 15:41:27 UTC
Previous filing
26 Feb 2024
Next filing
06 May 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 Options Exercise $0 +2,500 $0.000000 2,500 01 Mar 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +6,786 +271% $0.000000 9,286 01 Mar 2024 Direct F2
transaction AIN Class A Common Stock Tax liability $342,740 -3,652 -39% $93.85 5,634 01 Mar 2024 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 -2,500 -33% $0.000000 5,000 01 Mar 2024 Class A Common Stock 7,500 Direct F4, F5
transaction AIN Restricted Stock Units Options Exercise $0 -6,786 -33% $0.000000 13,572 01 Mar 2024 Class A Common Stock 20,358 Direct F6, F7
holding AIN Restricted Stock Units 10,131 01 Mar 2024 Class A Common Stock 10,131 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 vesting of Restricted Stock units granted September 1, 2023.
F2 Shares distributed pursuant to vesting of Restricted Stock units granted September 1, 2023.
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 September 1, 2023 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.
F5 2500 Restricted Stock Units vest on March 1, 2024; 2500 Restricted Stock Units vest on March 1, 2025; 2500 Restricted Stock Units vest on March 1, 2026/
F6 Restricted Stock Units granted September 1, 2023 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.
F7 6786 Restricted Stock Units vest on March 1, 2024; 6786 Restricted Stock Units vest on March 1, 2025; 6786 Restricted Stock Units vest on March 1, 2026.
F8 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.
F9 3377 Restricted Stock Units vest on March 1, 2025; 3377 Restricted Stock Units vest on March 1, 2026; 3377 Restricted Stock Units vest on March 1, 2027.