SEC Form 4 · accession 0001362832-17-000002

· AIN

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

Reporting owner

Dawne H Wimbrow

Officer — Vice President GIS & CIO

Period of report

Mar 1, 2017

Accepted (ET)

Mar 2, 2017 · 8:22 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, 2017	M	699	$0.00	A	699	D
Class A Common Stock^F1	Mar 1, 2017	D	699	$47.44	D	0	D
Class A Common Stock^F1	Mar 1, 2017	M	540	$0.00	A	540	D
Class A Common Stock^F1	Mar 1, 2017	D	540	$47.44	D	0	D
Class A Common Stock^F1	Mar 1, 2017	M	453	$0.00	A	453	D
Class A Common Stock^F1	Mar 1, 2017	D	453	$47.44	D	0	D
Class A Common Stock^F1	Mar 1, 2017	M	505	$0.00	A	505	D
Class A Common Stock^F1	Mar 1, 2017	D	505	$47.44	D	0	D
Class A Common Stock^F1	Mar 1, 2017	M	628	$0.00	A	628	D
Class A Common Stock^F1	Mar 1, 2017	D	628	$47.44	D	0	D
Class A Common Stock	holding	—	—		—	589	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^F4,F5	—	Mar 1, 2017	M	699	D	Mar 1, 2013	—	Class A Common Stock	699	0	D
Phantom Stock Units^F6,F7	—	Mar 1, 2017	M	540	D	Mar 1, 2014	—	Class A Common Stock	1,081	541	D
Phantom Stock Units^F8,F9	—	Mar 1, 2017	M	453	D	Mar 1, 2015	—	Class A Common Stock	1,360	907	D
Phantom Stock Units^F10,F11	—	Mar 1, 2017	M	505	D	Mar 1, 2016	—	Class A Common Stock	2,021	1,516	D
Phantom Stock Units^F12,F13	—	Mar 1, 2017	M	628	D	Mar 1, 2017	—	Class A Common Stock	3,137	2,509	D
Employee Stock Option^F2,F3	$20.45	holding	—	—	—	—	Nov 6, 2021	Class A Common	300	300	D
Employee Stock Option^F2,F3	$20.63	holding	—	—	—	—	Nov 7, 2022	Class A Common	600	900	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 4, 6, 8, 10 and 12). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F10Phantom 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.
F11505 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.
F12Phantom 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.
F13628 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
F2Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
F3Fully exercisable.
F4Phantom 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.
F5701 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2013.
F6Phantom 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.
F7540 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.
F8Phantom 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.
F9453 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.