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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (1) | (1) | 11/11/2010(1)(2) | (1)(2) | Class A Common Stock | 220 (3) | 220 (3) | D | ||||||||
Restricted Stock Units (1) | (1) | 11/11/2011(1)(4) | (1)(4) | Class A Common Stock | 429 (3) | 429 (3) | D | ||||||||
Phantom Stock Units (5) | (5) | 03/01/2013(5)(6) | (5)(6) | Class A Common Stock | 1,718 | 1,718 | D | ||||||||
Phantom Stock Units (7) | (7) | 02/28/2014 | A | 1,325 | 03/01/2014(7)(8) | (7)(8) | Class A Common Stock | 1,325 | $ 0 (7) | 1,325 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gaug Joseph M C/O ALBANY INTERNATIONAL CORP. 216 AIRPORT DRIVE ROCHESTER, NH 03867 |
Assistant Secretary |
Kathleen M. Tyrrell, Attorney-in-Fact | 03/03/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted 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. |
(2) | 200 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2010. |
(3) | Includes dividend units accrued on Restricted Stock Units on January 8, 2014. |
(4) | 200 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2011. |
(5) | Phantom 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. |
(6) | 429 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2013. |
(7) | Phantom 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. |
(8) | 265 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2014. |