Joseph M. Gaug - Nov 5, 2024 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
VP-General Counsel & Secretary
Signature
Cynthia A. SantaBarbara, Attorney-in-Fact
Stock symbol
AIN
Transactions as of
Nov 5, 2024
Transactions value $
$71,240
Form type
4
Date filed
11/5/2024, 01:18 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIN Class A Common Stock Purchase $35.6K +500 +8.6% $71.17 6.31K Nov 5, 2024 Direct
transaction AIN Class A Common Stock Purchase $35.7K +500 +7.92% $71.31 6.81K Nov 5, 2024 Direct

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
holding AIN Phantom Stock Units 463 Nov 5, 2024 Class A Common Stock 463 Direct F1, F2
holding AIN Restricted Stock Units 641 Nov 5, 2024 Class A Common Stock 641 Direct F3, F4
holding AIN Restricted Stock Units 1.43K Nov 5, 2024 Class A Common Stock 1.43K Direct F5, F6
holding AIN Restricted Stock Units 2.71K Nov 5, 2024 Class A Common Stock 2.71K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock Units granted on February 18, 2021 pursuant to the Phantom Stock Unit 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.
F2 463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021.
F3 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.
F4 641 Restricted Stock Units vest on March 1, 2023; 641 Restricted Stock Units vest on March 1, 2024; and 641 Restricted Stock Units vest on March 1, 2025.
F5 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.
F6 708 Restricted Stock Units vest on March 1, 2024; 717 Restricted Stock Units vest on March 1, 2025; and 717 Restricted Stock Units vest on March 1, 2026.
F7 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.
F8 905 Restricted Stock Units vest on March 1, 2025; 905 Restricted Stock Units vest on March 1, 2026; and 904 Restricted Stock Units vest on March 1, 2027.