Indriani Elisabeth 4
4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Indriani Elisabeth
CAO & Corporate Controller
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-01+475→ 475 total - Disposition to Issuer
Class A Common Stock
2023-03-01$109.20/sh−475$51,870→ 0 total - Exercise/Conversion
Phantom Stock Units
2023-03-01−475→ 1,899 totalFrom: 2023-03-01Exp: 2023-03-01→ Class A Common Stock (2,374 underlying)
Footnotes (3)
- [F1]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 2). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
- [F2]Phantom Stock Units granted February 23, 2023 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.
- [F3]475 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2023.