ALBANY INTERNATIONAL CORP /DE/ 4

Accession 0001181134-06-000002

$AINCIK 0000819793operating

View on SEC.gov Company Profile

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 2:12 PM ET

Size

43.3 KB

Accession

0001181134-06-000002

Insider Transaction Report

Form 4

Period: 2006-11-11

ALBANY INTERNATIONAL CORP /DE/AIN

STANDISH JOHN C

Director

Transactions

Exercise/Conversion
Class A Common Stock
2006-11-13+124→ 124 total
Exercise/Conversion
Restricted Stock Units
2006-11-11−253→ 1,010 total
From: 2006-11-11→ Class A Common Stock (1,263 underlying)
Disposition to Issuer
Class A Common Stock
2006-11-13$33.22/sh−124$4,119→ 0 total
Exercise/Conversion
Class A Common Stock
2006-11-11+253→ 253 total
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−253$8,405→ 0 total
Exercise/Conversion
Restricted Stock Units
2006-11-13−124→ 247 total
From: 2004-11-13→ Class A Common Stock (371 underlying)
Exercise/Conversion
Restricted Stock Units
2006-11-11−163→ 489 total
From: 2005-11-11→ Class A Common Stock (652 underlying)
Exercise/Conversion
Class A Common Stock
2006-11-11+163→ 163 total
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−163$5,415→ 0 total
Award
Restricted Stock Units
2006-11-11+1,250→ 1,250 total
From: 2007-11-11→ Class A Common Stock (1,250 underlying)

Holdings

Class A Common Stock
(indirect: By ESOP)
1,880
Employee Stock Option
Exercise: $15.69Exp: 2019-11-09→ Class A Common (600 underlying)
2,900
Class B Common Stock
(indirect: By Trust)
→ Class A Common (120,000 underlying)
120,000
Employee Stock Option
Exercise: $20.63From: 2003-11-07Exp: 2022-11-07→ Class A Common (2,000 underlying)
7,620
Class B Common Stock
(indirect: By Trust)
→ Class A Common (151,318 underlying)
151,318
Employee Stock Option
Exercise: $22.25Exp: 2016-05-14→ Class A Common (1,000 underlying)
2,000
Employee Stock Option
Exercise: $19.38Exp: 2018-11-04→ Class A Common (300 underlying)
2,300
Employee Stock Option
Exercise: $10.56Exp: 2020-11-15→ Class A Common (720 underlying)
3,620
Employee Stock Option
Exercise: $20.45Exp: 2021-11-06→ Class A Common (2,000 underlying)
5,620
Class B Common Stock
→ Class A Common (1,704 underlying)
1,704
Class B Common Stock
(indirect: By Trust)
→ Class A Common (10,700 underlying)
10,700
Employee Stock Option
Exercise: $22.25Exp: 2015-05-18→ Class A Common (1,000 underlying)
1,000
Class A Common Stock
(indirect: By Spouse)
11

Footnotes (17)

[F1]Held by spouse. Mr. Standish disclaims beneficial ownership.
[F10]Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
[F11]Become exercisable as to 400 shares on each November 7, beginning November 7, 2003.
[F12]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.
[F13]Includes dividend units accrued on Restricted Stock Units on January 9, 2006, April 7, 2006, July 10, 2006 and October 6, 2006.
[F14]120 Restricted Stock Units (plus related dividend units) vest on each November 13, beginning November 13, 2004.
[F15]160 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005.
[F16]250 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2006.
[F17]250 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2007.
[F2]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 12). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
[F3]Convertible on a share-for-share basis, into shares of the Company's Class A Common Stock.
[F4]Includes 1,000 shares held by Mr. Standish as custodian for his minor son.
[F5]Held by the John C. Standish Delta Trust, a trust for the beneficiaries of which include Mr. Standish's children. Mr. Standish disclaims investment control with respect to, and beneficial ownership of, these shares.
[F6]Held by the John C. Standish Gift Trust. Mr. Standish disclaims investment control with respect to, and beneficial ownership of, these shares.
[F7]Held by Standish Delta Trust, a trust of which Mr. Standish is a beneficiary and as to which he shares voting and investment power.
[F8]Option granted pursuant to Company's 1992 Stock Option Plan as incentive to remain in employ of Company.
[F9]Fully exercisable.

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, 2:12 PM ET
Size: 43.3 KB

View on SEC.gov