Form 4 for AIN ALBANY INTERNATIONAL CORP /DE/
Accepted 2021-11-05 00:00:00 ET · period of report 2021-11-04 · accession 0001793547-21-000001 · 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 | 2021-11-05 | 2021-11-04 | AIN | Harwell Gregory N | Pres- AEC | M - OptEx | $0.00 | +2,649 | 2,649 | New | $0 |
| D | 2021-11-05 | 2021-11-04 | AIN | Harwell Gregory N | Pres- AEC | D - Sale to Iss | $80.68 | -2,649 | 0 | -100% | -$213.7K |
| D | 2021-11-05 | 2021-11-04 | AIN | Harwell Gregory N | Pres- AEC | M - OptEx | $0.00 | -2,649 | 3,010 | -47% | $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 | 2021-11-04 | M | A | 2,649 | $0.00 | 2,649 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2021-11-04 | D | D | 2,649 | $80.68 | 0 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Units | 2021-11-04 | M | D | 2,649 | $0.00 | 3,010 | D | — · — to — | 5,659 Class A Common Stock | (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. |