Robert D. Starr - Mar 1, 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Signature
Cynthia A. SantaBarbara, Attorney in Fact
Stock symbol
AIN
Transactions as of
Mar 1, 2024
Transactions value $
-$104,174
Form type
4
Date filed
3/4/2024, 03:43 PM
Previous filing
Feb 26, 2024
Next filing
May 3, 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 +2.72K $0.00 2.72K Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Tax liability -$104K -1.11K -40.81% $93.85 1.61K Mar 1, 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 -2.72K -33.34% $0.00 5.44K Mar 1, 2024 Class A Common Stock 8.16K Direct F3, F4
holding AIN Restricted Stock Units 4.81K Mar 1, 2024 Class A Common Stock 4.81K Direct F5, F6
* 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 April 11, 2023.
F2 Shares withheld to satisfy the tax liability in connection with the transaction described in footnote 1 above.
F3 Restricted Stock Units granted April 11, 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.
F4 2720 Restricted Stock Units vest on March 1, 2024; 2719 Restricted Stock Units vest on March 1, 2025; and 2719 Restricted Stock Units vest on March 1, 2026.
F5 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.
F6 1604 Restricted Stock Units vest on March 1, 2025; 1604 Restricted Stock Units vest on March 1, 2026; and 1604 Restricted Stock Units vest on March 1, 2027.