SEC Form 4 · accession 0001457478-15-000002

· AIN

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

Reporting owner

Officer — CFO & Treasurer

Period of report

Nov 11, 2015

Accepted (ET)

Nov 12, 2015 · 10:24 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	Nov 11, 2015	M	664	$0.00	A	664	D
Class A Common Stock^F1	Nov 11, 2015	D	664	$32.27	D	0	D
Class A Common Stock	holding	—	—		—	2,778	I	By 401(k)
Class A Common Stock	holding	—	—		—	16,865	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5,F6	—	Nov 11, 2015	M	664	D	Nov 11, 2011	—	Class A Common Stock	664	0	D
Employee Stock Option^F2,F3	$20.63	holding	—	—	—	—	Nov 7, 2022	Class A Common	300	300	D

F1Deemed acquisition and disposition to the issuer of shares of stock underlying Restricted Stock Units upon automatic vesting and cash settlement of such Units (see footnote 4. No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
F3Fully exercisable.
F4Restricted 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.
F5600 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2011.
F6Includes dividend units accrued on Restricted Stock Units on April 7, July 8 and October 7, 2015.