Andrew William Higgins - 01 Sep 2023 Form 4 Insider Report for ALBANY INTERNATIONAL CORP /DE/ (AIN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Sep 2023, 15:23:20 UTC
Prior SEC filing
21 Apr 2023
Next SEC filing
04 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kathleen M. Tyrrell, Attorney-in-Fact

Key filing fact

Andrew William Higgins filed Form 4 for ALBANY INTERNATIONAL CORP /DE/ (AIN) on 05 Sep 2023.

Key facts

  • This page summarizes Andrew William Higgins's Form 4 filing for ALBANY INTERNATIONAL CORP /DE/ (AIN).
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 05 Sep 2023, 15:23.

Change

  • Previous filing in this sequence was filed on 21 Apr 2023.
  • Current net transaction value: -$901,568.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AIN transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+717
Change %
+1.9%
Price
$0.000000
Shares after
38,403
Date
01 Sep 2023
Ownership
Direct
Footnotes
F1
AIN transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+4,177
Change %
+11%
Price
$0.000000
Shares after
42,580
Date
01 Sep 2023
Ownership
Direct
Footnotes
F2, F3
AIN transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+8,528
Change %
+20%
Price
$0.000000
Shares after
51,108
Date
01 Sep 2023
Ownership
Direct
Footnotes
F3, F4
AIN transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+11,842
Change %
+23%
Price
$0.000000
Shares after
62,950
Date
01 Sep 2023
Ownership
Direct
Footnotes
F3, F5
AIN transaction

Class A Common Stock

Tax liability

Transaction value
$901,568
Shares
-9,660
Change %
-15%
Price
$93.33
Shares after
53,290
Date
01 Sep 2023
Ownership
Direct
Footnotes
F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AIN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,177
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Sep 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,177
Exercise price
Footnotes
F3, F7
AIN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,528
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Sep 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,528
Exercise price
Footnotes
F3, F8
AIN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-11,842
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Sep 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,842
Exercise price
Footnotes
F3, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Shares distributed pursuant to the Directors' Annual Retainer Plan

Footnote F2

Shares distributed pursuant to vesting of Restricted Stock units granted February 19, 2021

Footnote F3

Restricted Stock Units vested upon the reporting person's September 1, 2023 retirement from the Company.

Footnote F4

Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022.

Footnote F5

Shares distributed pursuant to vesting of Restricted Stock units granted February 24, 2023.

Footnote F6

Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 2, 4 and 5 above.

Footnote F7

Restricted Stock units granted February 19, 2021 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.

Footnote F8

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.

Footnote F9

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.

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