Jarrault Olivier M 4
4 · ALBANY INTERNATIONAL CORP /DE/ · Filed Mar 4, 2019
Insider Transaction Report
Form 4
Jarrault Olivier M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2019-03-01+7,937→ 7,937 total - Disposition to Issuer
Class A Common Stock
[F1]2019-03-01$69.56/sh−7,937$552,098→ 0 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2019-03-01−7,937→ 15,876 totalFrom: 2019-03-01→ Class A Common Stock (23,813 underlying)
Footnotes (4)
- [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 March 1, 2018 pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan. Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock as the time of vesting.
- [F3]7,856 Restricted Stock Units (plus related dividend units) vest on March 1, 2019; 7,856 Restricted Stock Units (plus related dividend units) vest on March 1, 2020; and 7,855 Restricted Stock Units (plus related dividend units) vest on March 1, 2021.
- [F4]Includes dividend units accrued on Restricted Stock Units on April 6, 2018; July 9, 2018; October 5, 2018; and January 8, 2019.
Signature
Olivier M. Jarrault|2019-03-04