Gregory N. Harwell - 07 Aug 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President- AEC
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
07 Aug 2024
Net transactions value
-$386,308
Form type
4
Filing time
16 Aug 2024, 07:59:22 UTC
Previous filing
04 Mar 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 Award $0 +8,292 +65% $0.000000 20,980 16 Aug 2024 Direct F1
transaction AIN Class A Common Stock Options Exercise $0 +789 +3.8% $0.000000 21,769 16 Aug 2024 Direct F2
transaction AIN Class A Common Stock Options Exercise $0 +1,353 +6.2% $0.000000 23,122 16 Aug 2024 Direct F3
transaction AIN Class A Common Stock Options Exercise $0 +2,174 +9.4% $0.000000 25,296 16 Aug 2024 Direct F4
transaction AIN Class A Common Stockk Tax liability $386,308 -4,420 -17% $87.40 20,876 16 Aug 2024 Direct F5

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 -1,235 -100% $0.000000* 0 16 Aug 2024 Class A Common Stock 1,235 Direct F6, F7
transaction AIN Restricted Stock Units Options Exercise $0 -2,364 -100% $0.000000* 0 16 Aug 2024 Class A Common Stock 2,364 Direct F8, F9
transaction AIN Restricted Stock Units Options Exercise $0 -4,007 -100% $0.000000* 0 16 Aug 2024 Class A Common Stock 4,007 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gregory N. Harwell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares distributed pursuant to a Special Incentive Award Agreement, made under the Albany International Corp. 2023 Incentive Plan, upon the reporting person's departure from the Company. In addition, 8,292 shares were forfeited.
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 23, 2023.
F4 Shares distributed pursuant to vesting of Restricted Stock Units granted February 23, 2024.
F5 Shares withheld to satisfy the tax liability in connection with the transactions described in footnotes 1, 2, 3 and 4 above.
F6 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.
F7 789 Restricted Stock Units vested, and 447 were forfeited, upon the reporting person's departure from the Company.
F8 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.
F9 1,353 Restricted Stock Units vested, and 1,011 were forfeited, upon the reporting person's departure from the Company.
F10 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.
F11 2,174 Restricted Stock Units vested, and 1,833 were forfeited, upon the reporting person's departure from the Company.