SEC Form 4 · accession 0001193974-15-000002
ALBANY INTERNATIONAL CORP /DE/ · AIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph M Polumbo
Officer — President- AEC
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 8:39 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,F2 | Mar 1, 2015 | A | 4,687 | $0.00 | A | 35,046 | D | |
| Class A Common StockF3,F2 | Mar 1, 2015 | A | 9,956 | $0.00 | A | 45,002 | D | |
| Class A Common StockF4,F2 | Mar 1, 2015 | F | 7,552 | $37.71 | D | 37,450 | D | |
| Class A Common Stock | holding | — | — | — | 893 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F7,F6 | — | holding | — | — | — | Mar 1, 2016 | — | Class A Common Stock | 21,135 | 21,135 | D |
Explanation of responses
- F1Shares distributed pursuant to an Annual Performance Bonus Award made under the Albany International Corp. 2011 Incentive Plan (the "Incentive Plan").
- F2Includes 2,265 shares acquired pursuant to a dividend reinvestment plan.
- F3Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2011 Incentive Plan.
- F4Shares withheld to satisfy the tax liability in connection with the acquisitions described in footnotes 1 and 3 above.
- F5Restricted 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.
- F619,889 Restricted Stock Units (plus related dividend units) vested on January 1, 2015; the remaining Restricted Stock Units (plus related dividend units) will vest on January 1, 2017.
- F7Includes dividend units accrued on Restricted Stock Units on January 8, 2015