SEC Form 4 · accession 0001299383-17-000001
ALBANY INTERNATIONAL CORP /DE/ · AIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Gaug
Officer — Assistant Secretary
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 11:51 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 | — | — | — | 1,116 | 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 23, 2017 | A | 1,792 | A | Mar 1, 2017 | — | Class A Common Stock | 1,792 | 1,792 | D |
| Phantom Stock UnitsF1,F2 | — | holding | — | — | — | Mar 1, 2013 | — | Class A Common Stock | 431 | 431 | D |
| Phantom Stock UnitsF3,F4 | — | holding | — | — | — | Mar 1, 2014 | — | Class A Common Stock | 662 | 662 | D |
| Phantom Stock UnitsF5,F6 | — | holding | — | — | — | Mar 1, 2015 | — | Class A Common Stock | 724 | 724 | D |
| Phantom Stock UnitsF7,F8 | — | holding | — | — | — | Mar 1, 2016 | — | Class A Common Stock | 1,200 | 1,200 | D |
Explanation of responses
- F1Phantom Stock Units granted on February 14, 2013 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.
- F10358 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
- F2429 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2013.
- F3Phantom Stock Units granted on February 28, 2014 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.
- F4331 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.
- F5Phantom 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.
- F6241 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.
- F7Phantom 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.
- F8301 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.
- F9Phantom 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.