SEC Form 4 · accession 0001661767-16-000004

· AIN

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

Reporting owner

Diane M Loudon

Officer — President- AEC

Period of report

Mar 1, 2016

Accepted (ET)

Mar 1, 2016 · 2:10 pm 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
Class A Common Stock^F1	Mar 1, 2016	M	339	$0.00	A	339	D
Class A Common Stock^F1	Mar 1, 2016	D	339	$32.71	D	0	D
Class A Common Stock^F1	Mar 1, 2016	M	279	$0.00	A	279	D
Class A Common Stock^F1	Mar 1, 2016	D	279	$32.71	D	0	D
Class A Common Stock^F1	Mar 1, 2016	M	218	$0.00	A	218	D
Class A Common Stock^F1	Mar 1, 2016	D	218	$32.71	D	0	D
Class A Common Stock^F1	Mar 1, 2016	M	344	$0.00	A	344	D
Class A Common Stock^F1	Mar 1, 2016	D	344	$32.71	D	0	D

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, 2016	M	339	D	Mar 1, 2013	—	Class A Common Stock	678	339	D
Phantom Stock Units^F4,F5	—	Mar 1, 2016	M	279	D	Mar 1, 2014	—	Class A Common Stock	836	557	D
Phantom Stock Units^F6,F7	—	Mar 1, 2016	M	218	D	Mar 1, 2015	—	Class A Common Stock	874	656	D
Phantom Stock Units^F8,F9	—	Mar 1, 2016	M	344	D	Mar 1, 2016	—	Class A Common Stock	1,722	1,378	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 and 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
F2Phantom 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.
F3339 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2013.
F4Phantom Stock Units granted on February 28, 2014 pursuant to the 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.
F5279 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014.
F6Phantom Stock Units granted on February 27, 2015 pursuant to the 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.
F7218 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2015.
F8Phantom Stock Units granted on February 25, 2016 pursuant to the 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.
F9344 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2016.