ALBANY INTERNATIONAL CORP /DE/ 4

Accession 0001180846-06-000002

$AINCIK 0000819793operating

View on SEC.gov Company Profile

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 2:06 PM ET

Size

31.1 KB

Accession

0001180846-06-000002

Insider Transaction Report

Form 4

Period: 2006-11-11

ALBANY INTERNATIONAL CORP /DE/AIN

PULVER KENNETH C

Vice President

Transactions

Exercise/Conversion
Restricted Stock Units
2006-11-11−253→ 1,010 total
From: 2006-11-11→ Class A Common Stock (1,263 underlying)
Exercise/Conversion
Class A Common Stock
2006-11-11+253→ 253 total
Award
Restricted Stock Units
2006-11-11+1,250→ 1,250 total
From: 2007-11-11→ Class A Common Stock (1,250 underlying)
Exercise/Conversion
Class A Common Stock
2006-11-13+124→ 124 total
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−245$8,139→ 0 total
Exercise/Conversion
Restricted Stock Units
2006-11-11−245→ 735 total
From: 2005-11-11→ Class A Common Stock (980 underlying)
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−253$8,405→ 0 total
Exercise/Conversion
Class A Common Stock
2006-11-11+245→ 245 total
Disposition to Issuer
Class A Common Stock
2006-11-13$33.22/sh−124$4,119→ 0 total
Exercise/Conversion
Restricted Stock Units
2006-11-13−124→ 247 total
From: 2004-11-13→ Class A Common Stock (371 underlying)

Holdings

Employee Stock Option
Exercise: $20.63From: 2003-11-07Exp: 2022-11-07→ Class A Common (2,000 underlying)
7,500
Employee Stock Option
Exercise: $10.56Exp: 2020-11-15→ Class A Common (1,500 underlying)
3,500
Employee Stock Option
Exercise: $20.45Exp: 2021-11-06→ Class A Common (2,000 underlying)
5,500
Employee Stock Option
Exercise: $15.69Exp: 2019-11-09→ Class A Common (2,000 underlying)
2,000

Footnotes (10)

[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 5). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
[F10]250 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2007.
[F2]Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
[F3]Fully exercisable.
[F4]Become exercisable as to 400 shares on each November 7, beginning November 7, 2003.
[F5]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.
[F6]Includes dividend units accrued on Restricted Stock Units on January 9, 2006, April 7, 2006, July 10, 2006 and October 6, 2006.
[F7]120 Restricted Stock Units (plus related dividend units) vest on each November 13, beginning November 13, 2004.
[F8]240 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005.
[F9]250 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2006.

Documents

2 files

Issuer

ALBANY INTERNATIONAL CORP /DE/

CIK 0000819793

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000819793

Filing Metadata

Form type: 4
Filed: Nov 12, 7:00 PM ET
Accepted: Nov 13, 2:06 PM ET
Size: 31.1 KB

View on SEC.gov