Gregory N. Harwell - 04 Nov 2021 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Role
President- AEC
Signature
Kathleen M Tyrrell, Attorney-in-Fact
Issuer symbol
AIN
Transactions as of
04 Nov 2021
Net transactions value
-$213,721
Form type
4
Filing time
05 Nov 2021, 09:35:21 UTC
Previous filing
04 Feb 2022
Next filing
23 Feb 2022
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 +2,649 $0.000000 2,649 04 Nov 2021 Direct F1
transaction AIN Class A Common Stock Disposed to Issuer $213,721 -2,649 -100% $80.68 0 04 Nov 2021 Direct F1

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 -2,649 -47% $0.000000 3,010 04 Nov 2021 Class A Common Stock 5,659 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deemed acquisition and disposition to the issuer of shares of stock underlying Restricted Stock Units upon automatic vesting and cash settlement of such Units (see footnote 2). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2 Restricted Stock Units granted November 4, 2019 pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan. Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock as the time of vesting.
F3 1,764 Restricted Stock Units (plus related dividend units) vest on November 4, 2020; 2,587 Restricted Stock Units (plus related dividend units) vest on November 4, 2021; and 2,941 Restricted Stock Units (plus related dividend units) vest on November 4, 2022.
F4 Includes dividend units accrued on Restricted Stock Units on January 8, April 8, July 8 and October 7, 2021.