4//SEC Filing
Joyce Michael Joseph 4
Accession 0001390562-11-000003
CIK 0000819793other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 10:11 AM ET
Size
16.4 KB
Accession
0001390562-11-000003
Insider Transaction Report
Form 4
Joyce Michael Joseph
Group Vice President
Transactions
- Exercise/Conversion
Class A Common Stock
2011-11-11+280→ 280 total - Disposition to Issuer
Class A Common Stock
2011-11-11$21.29/sh−280$5,961→ 0 total - Exercise/Conversion
Restricted Stock Units
2011-11-11−280→ 0 totalFrom: 2007-11-11→ Class A Common Stock (280 underlying)
Holdings
- 3,712(indirect: By 401(k))
Class A Common Stock
- 14,513
Class A Common Stock
- 14,919
Restricted Stock Units
From: 2011-03-01→ Class A Common Stock (14,919 underlying) - 2,514
Restricted Stock Units
→ Class A Common Stock (2,514 underlying)
Footnotes (7)
- [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 2). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
- [F2]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.
- [F3]250 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2007.
- [F4]Includes dividend units accrued on Restricted Stock Units on October 7, 2011.
- [F5]6,750 Restricted Stock Units (plus related dividend units) vest on March 1, 2011; 6,750 Restricted Stock Units (plus related dividend units) vest on September 1, 2011; 6,750 Restricted Stock Units (plus related dividend units) vest on March 1, 2012; and 6,750 Restricted Stock Units (plus related dividend units) vest on September 1, 2012.
- [F6]Restricted Stock Units granted on February 25, 2010 pursuant to the Albany International Corp. 2005 Incentive Plan (the "Incentive Plan"). Each Restricted Stock Unit award entitles the holder to receive a number of shares of Class A Common Stock, the cash equivalent of such shares, or a combination of cash and shares, in each case in accordance with a settlement schedule.
- [F7]The remaining reported units will be settled and payable on our about March 1, 2012, half in cash, half in shares of the Company's Class A Common Stock.
Documents
Issuer
ALBANY INTERNATIONAL CORP /DE/
CIK 0000819793
Entity typeother
Related Parties
1- filerCIK 0001390562
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 10:11 AM ET
- Size
- 16.4 KB