SEC Form 4 · accession 0001193974-15-000001

· AIN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President- AEC

Period of report

Jan 1, 2015

Accepted (ET)

Jan 2, 2015 · 8:05 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^F1,F2	Jan 1, 2015	M	21,041	$0.00	A	51,267	D
Class A Common Stock^F1,F2	Jan 1, 2015	D	21,041	$35.27	D	30,226	D
Class A Common Stock	holding	—	—		—	893	I	By 401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F5,F4	—	Jan 1, 2015	M	21,041	D	Mar 1, 2016	—	Class A Common Stock	42,082	21,041	D

F1Deemed 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 3). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2Includes 2,132 shares acquired pursuant to a dividend reinvestment plan.
F3Restricted 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.
F419,889 Restricted Stock Units (plus related dividend units) vest on January 1, 2015; and 19,889 Restricted Stock Units (plus related dividend units) will vest on January 1, 2017.
F5Includes dividend units accrued on Restricted Stock Units on April 7, 2014, July 8, 2014, October 7, 2014.