Form 4/A for AIN ALBANY INTERNATIONAL CORP /DE/
Accepted 2024-03-15 00:00:00 ET · period of report 2024-03-01 · accession 0001062993-24-006462 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2024-03-15 | 2024-03-01 | AIN | Gaug Joseph M | VP-GC, Sec | F - Tax | $93.85 | -2,144 | 5,811 | -27% | -$201.2K |
| DMA | 2024-03-15 | 2024-03-01 | AIN | Gaug Joseph M | VP-GC, Sec | M - OptEx | $0.00 | +2,274 | 7,247 | +46% | $0 |
| DMA | 2024-03-15 | 2024-03-01 | AIN | Gaug Joseph M | VP-GC, Sec | D - Sale to Iss | $89.74 | -925 | 0 | -100% | -$83.0K |
| DA | 2024-03-15 | 2024-03-01 | AIN | Gaug Joseph M | VP-GC, Sec | A - Grant | $0.00 | +2,922 | 6,606 | +79% | $0 |
| DMA | 2024-03-15 | 2024-03-01 | AIN | Gaug Joseph M | VP-GC, Sec | M - OptEx | $0.00 | -2,274 | 641 | -78% | $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 | 2024-03-01 | F | D | 2,144 | $93.85 | 5,811 | D | — | — | (F4) Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2 and 3 above. |
| 2 | Common | Class A Common Stock | 2024-03-01 | M | A | 462 | $0.00 | 462 | D | — | — | (F5) 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 footnotes 6 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 3 | Common | Class A Common Stock | 2024-03-01 | M | A | 463 | $0.00 | 463 | D | — | — | (F5) 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 footnotes 6 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 4 | Common | Class A Common Stock | 2024-03-01 | D | D | 463 | $89.74 | 0 | D | — | — | (F5) 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 footnotes 6 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 5 | Common | Class A Common Stock | 2024-03-01 | A | A | 2,922 | $0.00 | 6,606 | D | — | — | (F1) Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan. |
| 6 | Common | Class A Common Stock | 2024-03-01 | M | A | 708 | $0.00 | 7,955 | D | — | — | (F3) Shares distributed pursuant to vesting of Restricted Stock units granted February 24, 2023. |
| 7 | Common | Class A Common Stock | 2024-03-01 | M | A | 641 | $0.00 | 7,247 | D | — | — | (F2) Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022. |
| 8 | Common | Class A Common Stock | 2024-03-01 | D | D | 462 | $89.74 | 0 | D | — | — | (F5) 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 footnotes 6 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares. |
| 9 | Derivative | Phantom Stock Units | 2024-03-01 | M | D | 463 | $0.00 | 463 | D | — · 2021-03-01 to — | 926 Class A Common Stock | (F8) 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. (F9) 463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021. |
| 10 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 708 | $0.00 | 1,434 | D | — · 2024-03-01 to — | 2,142 Class A Common Stock | (F12) 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. (F14) Correction to outstanding balance and future vesting of this award due to administrative error. (F13) 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. |
| 11 | Derivative | Phantom Stock Units | 2024-03-01 | M | D | 462 | $0.00 | 0 | D | — · 2020-03-01 to — | 462 Class A Common Stock | (F6) Phantom Stock Units granted on February 20, 2020 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. (F7) 461 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020. |
| 12 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 641 | $0.00 | 641 | D | — · 2023-03-01 to — | 1,282 Class A Common Stock | (F10) 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. (F11) 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. |