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ALBANY INTERNATIONAL CORP /DE/ — Director's Dealing 2021
Sep 1, 2021
31888_dirs_2021-09-01_531a6c9f-dea0-4954-a017-a08830a10759.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALBANY INTERNATIONAL CORP /DE/ (AIN)
CIK: 0000819793
Period of Report: 2021-09-01
Reporting Person: Halftermeyer Daniel A (President, PMC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-01 | Class A Common Stock | M | 4442 | — | Acquired | 4442 | Direct |
| 2021-09-01 | Class A Common Stock | D | 4442 | $84.74 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-01 | Restricted Stock Units | $ | M | 4442 | Disposed | Class A Common Stock (4442) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 66655 | Direct |
Footnotes
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.
F2: Restricted Stock Units granted August 28, 2018 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: 4,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2019; 4,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2020; and 4,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2021.
F4: Includes dividend units accrued on Restricted Stock Units on July 8, 2021.