ALBANY INTERNATIONAL CORP /DE/ 4

4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Nov 12, 2014

Form 4

Period: 2014-11-11

VP- Corporate Treasurer

Transactions

Exercise/Conversion
Class A Common Stock
2014-11-11+653→ 653 total
Exercise/Conversion
Restricted Stock Units
2014-11-11−267→ 0 total
From: 2010-11-11→ Class A Common Stock (267 underlying)
Exercise/Conversion
Restricted Stock Units
2014-11-11−653→ 653 total
From: 2011-11-11→ Class A Common Stock (1,306 underlying)
Exercise/Conversion
Class A Common Stock
2014-11-11+267→ 267 total
Disposition to Issuer
Class A Common Stock
2014-11-11$34.87/sh−653$22,770→ 0 total
Disposition to Issuer
Class A Common Stock
2014-11-11$34.87/sh−267$9,310→ 0 total

Holdings

Class A Common Stock
11,408
Employee Stock Option
Exercise: $20.63Exp: 2022-11-07→ Class A Common (300 underlying)
300
Class A Common Stock
(indirect: By 401(k))
2,733

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 4). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
[F2]Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
[F3]Fully exercisable.
[F4]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.
[F5]240 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2010.
[F6]Includes dividend units accrued on Restricted Stock Units on April 7, July 8 and October 7, 2014.
[F7]600 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2011.

Documents

2 files