SEC Form 4 · accession 0001179740-19-000002
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
Mar 1, 2019
Accepted (ET)
Mar 4, 2019 · 9:40 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 StockF1 | Mar 1, 2019 | M | 470 | $0.00 | A | 470 | D | |
| Class A Common StockF1 | Mar 1, 2019 | D | 470 | $69.56 | D | 0 | D | |
| Class A Common StockF1 | Mar 1, 2019 | M | 603 | $0.00 | A | 603 | D | |
| Class A Common StockF1 | Mar 1, 2019 | D | 603 | $69.56 | D | 0 | D | |
| Class A Common StockF1 | Mar 1, 2019 | M | 747 | $0.00 | A | 747 | D | |
| Class A Common StockF1 | Mar 1, 2019 | D | 747 | $69.56 | D | 0 | D | |
| Class A Common StockF1 | Mar 1, 2019 | M | 442 | $0.00 | A | 442 | D | |
| Class A Common StockF1 | Mar 1, 2019 | D | 442 | $69.56 | D | 0 | D | |
| Class A Common StockF1 | Mar 1, 2019 | M | 470 | $0.00 | A | 470 | D | |
| Class A Common StockF1 | Mar 1, 2019 | D | 470 | $69.56 | D | 0 | D | |
| Class A Common Stock | holding | — | — | — | 3,449 | 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 UnitsF2,F3 | — | Mar 1, 2019 | M | 470 | D | Mar 1, 2015 | — | Class A Common Stock | 470 | 0 | D |
| Phantom Stock UnitsF4,F5 | — | Mar 1, 2019 | M | 603 | D | Mar 1, 2016 | — | Class A Common Stock | 1,205 | 602 | D |
| Phantom Stock UnitsF6,F7 | — | Mar 1, 2019 | M | 747 | D | Mar 1, 2017 | — | Class A Common Stock | 2,239 | 1,492 | D |
| Phantom Stock UnitsF8,F9 | — | Mar 1, 2019 | M | 442 | D | Mar 1, 2018 | — | Class A Common Stock | 1,766 | 1,324 | D |
| Phantom Stock UnitsF10,F11 | — | Mar 1, 2019 | M | 470 | D | Mar 1, 2019 | — | Class A Common Stock | 2,350 | 1,880 | D |
Explanation of responses
- F1Deemed acquisition and disposition to the issuer of shares of stock underlying Phantom Stock Units upon automatic vesting and cash settlement of such units (see footnotes 2, 4, 6, 8 and 10). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
- F10Phantom Stock Units granted February 21, 2019 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.
- F11470 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
- F2Phantom 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.
- F3470 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.
- F4Phantom 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.
- F5603 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.
- F6Phanton 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.
- F7747 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
- F8Phanton 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.
- F9442 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018