Indriani Elisabeth 4
4 · ALBANY INTERNATIONAL CORP /DE/ · Filed May 8, 2023
Insider Transaction Report
Form 4
Indriani Elisabeth
CAO & Corporate Controller
Transactions
- Exercise/Conversion
Class A Common Stock
2023-05-05+950→ 950 total - Disposition to Issuer
Class A Common Stock
2023-05-05$89.62/sh−950$85,139→ 0 total - Exercise/Conversion
Phantom Stock Units
2023-05-05−950→ 0 totalFrom: 2023-03-01Exp: 2023-03-01→ Class A Common Stock (1,899 underlying)
Footnotes (4)
- [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]Pursuant to the Phantom Stock Plan, 950 Phantom Stock Units vested upon the reporting person's May 5, 2023 departure from the Company.
- [F4]In addition to the vesting of the 950 Phantom Stock Units, reflects the forfeiture of 950 Phantom Stock Units pursuant to the Phantom Stock Plan, upon the reporting person's departure from the Company.