SEC Form 4 · accession 0001317900-18-000002
ALBANY INTERNATIONAL CORP /DE/ · AIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel A Halftermeyer
Officer — President, PMC
Period of report
Aug 28, 2018
Accepted (ET)
Sep 5, 2018 · 10:00 am EDT
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 | — | — | — | 74,658 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 28, 2018 | A | 12,853 | A | Sep 1, 2019 | — | Class A Common Stock | 12,853 | 12,853 | D |
Explanation of responses
- F1Restricted Stock Units granted August 28, 2018 pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan. Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock as the time of vesting.
- F24,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2019; 4,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2020; and 4,284 Restricted Stock Units (plus related dividend units) vest on September 1, 2021.