SEC Form 4 · accession 0001179740-18-000001
ALBANY INTERNATIONAL CORP /DE/ · AIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J Silva Jr.
Officer — VP-General Counsel & Secretary
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 9:59 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000819793
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | holding | — | — | — | 7,484 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF9,F10 | — | Feb 22, 2018 | A | 2,208 | A | Mar 1, 2018 | — | Class A Common Stock | 2,208 | 2,208 | D |
| Phantom Stock UnitsF1,F2 | — | holding | — | — | — | Mar 1, 2014 | — | Class A Common Stock | 662 | 662 | D |
| Phantom Stock UnitsF3,F4 | — | holding | — | — | — | Mar 1, 2015 | — | Class A Common Stock | 938 | 938 | D |
| Phantom Stock UnitsF5,F6 | — | holding | — | — | — | Mar 1, 2016 | — | Class A Common Stock | 1,808 | 1,808 | D |
| Phantom Stock UnitsF7,F8 | — | holding | — | — | — | Mar 1, 2017 | — | Class A Common Stock | 2,986 | 2,986 | D |
Explanation of responses
- F1Phantom Stock Units granted on February 28, 2014 pursuant to the Albany International Corp. 2011 Performance Phantom Stock Plan (the "Phantom Stock Plan"). Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
- F10442 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018
- F2662 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.
- F3Phantom Stock Units granted on February 27, 2015 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
- F4470 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.
- F5Phantom Stock Units granted on February 25, 2016 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
- F6603 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.
- F7Phanton Stock Units granted on February 23, 2017 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
- F8747 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
- F9Phanton Stock Units granted on February 22, 2018 pursuant to the Phantom Stock Unit Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.