Form 4 for AIN ALBANY INTERNATIONAL CORP /DE/
Accepted 2023-03-02 00:00:00 ET · period of report 2023-03-01 · accession 0001062993-23-005501 · 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 | 2023-03-02 | 2023-03-01 | AIN | McCarvill Alice | EVP Human Resources | D - Sale to Iss | $109.20 | -751 | 0 | -100% | -$82.0K |
| DM | 2023-03-02 | 2023-03-01 | AIN | McCarvill Alice | EVP Human Resources | M - OptEx | $0.00 | +1,464 | 7,043 | +26% | $0 |
| D | 2023-03-02 | 2023-03-01 | AIN | McCarvill Alice | EVP Human Resources | A - Grant | $0.00 | +4,442 | 6,330 | +235% | $0 |
| D | 2023-03-02 | 2023-03-01 | AIN | McCarvill Alice | EVP Human Resources | F - Tax | $100.74 | -2,827 | 4,216 | -40% | -$284.8K |
| DM | 2023-03-02 | 2023-03-01 | AIN | McCarvill Alice | EVP Human Resources | M - OptEx | $0.00 | -1,464 | 1,426 | -51% | $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 | 2023-03-01 | D | D | 751 | $109.20 | 0 | D | — | — | (F4) Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnote 5). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 2 | Common | Class A Common Stock | 2023-03-01 | M | A | 751 | $0.00 | 751 | D | — | — | (F4) Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnote 5). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 3 | Common | Class A Common Stock | 2023-03-01 | A | A | 4,442 | $0.00 | 6,330 | D | — | — | (F1) Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan. |
| 4 | Common | Class A Common Stock | 2023-03-01 | M | A | 713 | $0.00 | 7,043 | D | — | — | (F2) Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022. |
| 5 | Common | Class A Common Stock | 2023-03-01 | F | D | 2,827 | $100.74 | 4,216 | D | — | — | (F3) Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1 and 2 above. |
| 6 | Derivative | Phantom Stock Units | 2023-03-01 | M | D | 751 | $0.00 | 0 | D | — · 2019-03-01 to — | 751 Class A Common Stock | (F5) Phantom Stock Units granted on February 21, 2019 pursuant to the Phantom Stock 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. (F6) 752 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019. |
| 7 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 713 | $0.00 | 1,426 | D | — · 2023-03-01 to — | 2,139 Class A Common Stock | (F9) 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. (F10) 713 Restricted Stock Units vest on March 1, 2023; 713 Restricted Stock Units vest on March 1, 2024; and 713 Restricted Stock Units vest on March 1, 2025. |