Gregory N. Harwell - Mar 1, 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
Mar 1, 2024
Transactions value $
-$165,551
Form type
4
Date filed
3/4/2024, 03:57 PM
Previous filing
Feb 26, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Award $0 +4.83K +20.28% $0.00 28.6K Mar 1, 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +1.23K +4.31% $0.00 29.9K Mar 1, 2024 Direct F2
transaction AIN Class A Common Stock Options Exercise $0 +1.18K +3.96% $0.00 31K Mar 1, 2024 Direct F3
transaction AIN Class A Common Stock Tax liability -$166K -1.76K -5.68% $93.85 29.3K Mar 1, 2024 Direct F4

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 -49.98% $0.00 1.24K Mar 1, 2024 Class A Common Stock 2.47K Direct F5, F6
transaction AIN Restricted Stock Units Options Exercise $0 -1.18K -33.35% $0.00 2.36K Mar 1, 2024 Class A Common Stock 3.55K Direct F7, F8
holding AIN Restricted Stock Units 4.01K Mar 1, 2024 Class A Common Stock 4.01K Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan.
F2 Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022.
F3 Shares distributed pursuant to vesting of Restricted Stock units granted February 24, 2023.
F4 Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2 and 3 above.
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.
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 1336 Restricted Stock Units vest on March 1, 2025; 1336 Restricted Stock Units vest on March 1, 2026; and 1335 Restricted Stock Units vest on March 1, 2027.