SEC Form 4 · accession 0001299383-18-000002

· AIN

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

Reporting owner

Joseph M Gaug

Officer — Assistant Secretary

Period of report

Mar 1, 2018

Accepted (ET)

Mar 1, 2018 · 8:58 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	Mar 1, 2018	M	331	$0.00	A	331	D
Class A Common Stock^F1	Mar 1, 2018	D	331	$62.88	D	0	D
Class A Common Stock^F1	Mar 1, 2018	M	241	$0.00	A	241	D
Class A Common Stock^F1	Mar 1, 2018	D	241	$62.88	D	0	D
Class A Common Stock^F1	Mar 1, 2018	M	301	$0.00	A	301	D
Class A Common Stock^F1	Mar 1, 2018	D	301	$62.88	D	0	D
Class A Common Stock^F1	Mar 1, 2018	M	358	$0.00	A	358	D
Class A Common Stock^F1	Mar 1, 2018	D	358	$62.88	D	0	D
Class A Common Stock^F1	Mar 1, 2018	M	324	$0.00	A	324	D
Class A Common Stock^F1	Mar 1, 2018	D	324	$62.88	D	0	D
Class A Common Stock	holding	—	—		—	1,129	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 Units^F2,F3	—	Mar 1, 2018	M	331	D	Mar 1, 2014	—	Class A Common Stock	331	0	D
Phantom Stock Units^F4,F5	—	Mar 1, 2018	M	241	D	Mar 1, 2015	—	Class A Common Stock	483	242	D
Phantom Stock Units^F6,F7	—	Mar 1, 2018	M	301	D	Mar 1, 2016	—	Class A Common Stock	899	598	D
Phantom Stock Units^F8,F9	—	Mar 1, 2018	M	358	D	Mar 1, 2017	—	Class A Common Stock	1,434	1,076	D
Phantom Stock Units^F10,F11	—	Mar 1, 2018	M	324	D	Mar 1, 2018	—	Class A Common Stock	1,618	1,294	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 on February 22, 2018 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.
F11324 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018.
F2Phantom 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.
F3331 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.
F4Phantom 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.
F5241 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.
F6Phantom 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.
F7301 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.
F8Phantom 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.
F9358 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.