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ALBANY INTERNATIONAL CORP /DE/ — Director's Dealing 2014
Mar 5, 2014
31888_dirs_2014-03-05_761c483a-b739-4e65-8023-42ada8ed98c2.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ALBANY INTERNATIONAL CORP /DE/ (AIN)
CIK: 0000819793
Period of Report: 2014-02-28
Reporting Person: SILVA CHARLES J JR (VP-General Counsel & Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-28 | Phantom Stock Units | $ | A | 3310 | Acquired | Class A Common Stock (3310) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 7049 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $19.375 | 2018-11-04 | Class A Common (2000) | 2000 | Direct |
| Employee Stock Option | $15.6875 | 2019-11-09 | Class A Common (3000) | 5000 | Direct |
| Employee Stock Option | $10.5625 | 2020-11-15 | Class A Common (2100) | 7100 | Direct |
| Employee Stock Option | $20.45 | 2021-11-06 | Class A Common (3000) | 10100 | Direct |
| Employee Stock Option | $20.63 | 2022-11-07 | Class A Common (3000) | 13100 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (659) | 659 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (1288) | 1288 | Direct | |
| Phantom Stock Units | $ | Class A Common Stock (3435) | 3435 | Direct |
Footnotes
F1: Option granted pursuant to Company's 1992 Stock Option Plan as incentive to remain in employ of Company.
F2: Fully exercisable.
F3: Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
F4: Restricted Stock Units granted pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan (the "Restricted Stock Unit Plan"). Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting or, in the event that the holder elects to defer payment, at such later time elected in accordance with the Restricted Stock Unit Plan.
F5: 600 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2010.
F6: Includes dividend units accrued on Restricted Stock Units on January 8, 2014.
F7: 600 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2011.
F8: Phantom Stock Units granted on February 14, 2013 pursuant to the Albany International Corp. 2011 Performance Phantom Stock Plan (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.
F9: 859 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2013.
F10: Phantom Stock Units granted on February 28, 2014 pursuant to the 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. (This report amends the amount previously reported in this line item.)
F11: 662 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.