Home/Filings/4/0001062993-24-010110
4//SEC Filing

Alvord Christina M 4

Accession 0001062993-24-010110

CIK 0000819793other

Filed

May 13, 8:00 PM ET

Accepted

May 14, 9:45 AM ET

Size

8.2 KB

Accession

0001062993-24-010110

Insider Transaction Report

Form 4
Period: 2024-05-10
Transactions
  • Award

    Deferred Restricted Stock Units

    2024-05-10+1,5191,519 total
    From: 2034-01-01Class A Common Stock (1,519 underlying)
Holdings
  • Class A Common Stock

    2,792
Footnotes (2)
  • [F1]Deferred Restricted Stock Units ("DSU") granted May 10, 2024 pursuant to the Albany International Corp. Non-Employee Director Compensation Plan under the Albany International Corp. 2023 Long Term Incentive Plan. Each DSU entitles the holder to receive one share of Class A Common Stock at the time of vesting. The reporting person will receive cash dividends on these DSUs, paid by the Issuer in such amount and at such time as periodically declared by its Board of Directors.
  • [F2]1,519 Deferred Restricted Stock Units ("DSU") will vest on the earlier of (a) January 1, 2034, or (b) in the event of the reporting person's death or disability, or a change of ownership control of the Company, the effective date of such event. Should the reporting person separate from service prior to the aforementioned date/events, 1,519 DSUs will vest as to 20% over a period of five years on each anniversary of the separation date.

Issuer

ALBANY INTERNATIONAL CORP /DE/

CIK 0000819793

Entity typeother

Related Parties

1
  • filerCIK 0001692983

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 9:45 AM ET
Size
8.2 KB