Form 4 for AIN ALBANY INTERNATIONAL CORP /DE/
Accepted 2022-04-05 00:00:00 ET · period of report 2022-04-01 · accession 0001062993-22-009633 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-05 | 2022-04-01 | AIN | Nolan Stephen M | CFO, Treas | F - Tax | $85.81 | -2,785 | 4,666 | -37% | -$239.0K |
| D | 2022-04-05 | 2022-04-01 | AIN | Nolan Stephen M | CFO, Treas | D - Sale to Iss | $85.69 | -1,439 | 0 | -100% | -$123.3K |
| D | 2022-04-05 | 2022-04-01 | AIN | Nolan Stephen M | CFO, Treas | M - OptEx | $0.00 | +1,439 | 1,439 | New | $0 |
| D | 2022-04-05 | 2022-04-01 | AIN | Nolan Stephen M | CFO, Treas | M - OptEx | $0.00 | -1,439 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-04-01 | F | D | 2,785 | $85.81 | 4,666 | D | — | — | (F1) Shares withheld to satisfy the tax liability in connection with the distribution of 6,285 Performance Shares granted April 1, 2019 pursuant to the Albany International Corp. 2017 Incentive Plan, which shares vested on April 1, 2022. |
| 2 | Common | Class A Common Stock | 2022-04-01 | D | D | 1,439 | $85.69 | 0 | D | — | — | (F2) 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 3). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 3 | Common | Class A Common Stock | 2022-04-01 | M | A | 1,439 | $0.00 | 1,439 | D | — | — | (F2) 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 3). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 4 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 1,439 | $0.00 | 0 | D | — · — to — | 1,439 Class A Common Stock | (F3) Restricted Stock Units granted April 1, 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. (F4) 1,397 Restricted Stock Units (plus related dividend units) vest on April 1, 2020; 1,397 Restricted Stock Units (plus related dividend units) vest on April 1, 2021; and 1,396 Restricted Stock Units (plus related dividend units) vest on April 1, 2022. |