ALBANY INTERNATIONAL CORP /DE/ 4

4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Aug 17, 2005

Form 4

Period: 2005-08-16

Vice President- Controller

Transactions

Exercise/Conversion
Class A Common Stock
2005-08-16$20.45/sh+1,800$36,810→ 9,300 total
Exercise/Conversion
Employee Stock Option
2005-08-16−3,000→ 0 total
Exercise: $19.75From: 1998-04-15Exp: 2017-04-15→ Class A Common (3,000 underlying)
Exercise/Conversion
Employee Stock Option
2005-08-16−1,800→ 1,620 total
Exercise: $20.45From: 2002-11-06Exp: 2021-11-06→ Class A Common (3,000 underlying)
Exercise/Conversion
Employee Stock Option
2005-08-16−1,200→ 3,420 total
Exercise: $20.63From: 2003-11-07Exp: 2022-11-07→ Class A Common (3,000 underlying)
Disposition to Issuer
Class A Common Stock
2005-08-16$35.67/sh−10,000$356,678→ 500 total
Exercise/Conversion
Class A Common Stock
2005-08-16$22.25/sh+1,000$22,250→ 1,500 total
Exercise/Conversion
Class A Common Stock
2005-08-16$19.75/sh+3,000$59,250→ 4,500 total
Exercise/Conversion
Class A Common Stock
2005-08-16$20.63/sh+1,200$24,756→ 10,500 total
Exercise/Conversion
Employee Stock Option
2005-08-16−1,000→ 0 total
Exercise: $22.25From: 1997-05-14Exp: 2016-05-14→ Class A Common (1,000 underlying)

Holdings

Class A Common Stock
500
Class B Common Stock
→ Class A Common (104 underlying)
104
Restricted Stock Units
→ Class A Common Stock (813 underlying)
813
Employee Stock Option
Exercise: $10.56From: 2001-11-15Exp: 2020-11-15→ Class A Common (420 underlying)
420
Restricted Stock Units
→ Class A Common Stock (1,511 underlying)
1,511

Footnotes (10)

[F1]Convertible, on a share-for-share basis, into Class A Common Stock.
[F10]300 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005.
[F2]Options granted pursuant to Company's 1992 Stock Option Plan as incentive to remain in employ of Company.
[F3]Fully exercisable.
[F4]Options granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
[F5]Become exercisable as to 420 shares on each November 15, beginning November 15, 2001.
[F6]Become exercisable as to 600 shares on each November 6, beginning November 6, 2002.
[F7]Become exercisable as to 600 shares on each November 7, beginning November 7, 2003.
[F8]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.
[F9]200 Restricted Stock Units (plus related dividend units) vest on each November 13, beginning November 13, 2004.

Documents

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