ALBANY INTERNATIONAL CORP /DE/ 4

Accession 0001181344-06-000002

$AINCIK 0000819793operating

View on SEC.gov Company Profile

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 1:49 PM ET

Size

31.8 KB

Accession

0001181344-06-000002

Insider Transaction Report

Form 4

Period: 2006-11-11

ALBANY INTERNATIONAL CORP /DE/AIN

CARLSTROM RICHARD A

Vice President- Controller

Transactions

Exercise/Conversion
Restricted Stock Units
2006-11-11−306→ 918 total
→ Class A Common Stock (1,224 underlying)
Award
Restricted Stock Units
2006-11-11+1,500→ 1,500 total
From: 2007-11-11→ Class A Common Stock (1,500 underlying)
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−303$10,066→ 0 total
Disposition to Issuer
Class A Common Stock
2006-11-13$33.22/sh−206$6,843→ 0 total
Exercise/Conversion
Class A Common Stock
2006-11-11+303→ 303 total
Exercise/Conversion
Restricted Stock Units
2006-11-11−303→ 1,212 total
→ Class A Common Stock (1,515 underlying)
Exercise/Conversion
Restricted Stock Units
2006-11-13−206→ 412 total
→ Class A Common Stock (618 underlying)
Exercise/Conversion
Class A Common Stock
2006-11-13+206→ 206 total
Exercise/Conversion
Class A Common Stock
2006-11-11+306→ 306 total
Disposition to Issuer
Class A Common Stock
2006-11-11$33.22/sh−306$10,165→ 0 total

Holdings

Class A Common Stock
500
Employee Stock Option
Exercise: $20.45Exp: 2021-11-06→ Class A Common (1,200 underlying)
1,620
Employee Stock Option
Exercise: $20.63From: 2003-11-07Exp: 2022-11-07→ Class A Common (1,800 underlying)
3,420
Employee Stock Option
Exercise: $10.56Exp: 2020-11-15→ Class A Common (420 underlying)
420
Class B Common Stock
→ Class A Common (104 underlying)
104

Footnotes (11)

[F1]Deemed 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 6). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
[F10]300 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2006.
[F11]300 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2007.
[F2]Convertible, on a share-for-share basis, into Class A Common Stock.
[F3]Options granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
[F4]Fully exercisable.
[F5]Become exercisable as to 600 shares on each November 7, beginning November 7, 2003.
[F6]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.
[F7]Includes dividend units accrued on Restricted Stock Units on January 9, 2006, April 7, 2006, July 10, 2006 and October 6, 2006.
[F8]200 Restricted Stock Units (plus related dividend units) vest on each November 13, beginning November 13, 2004.
[F9]300 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005.

Documents

2 files

Issuer

ALBANY INTERNATIONAL CORP /DE/

CIK 0000819793

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000819793

Filing Metadata

Form type: 4
Filed: Nov 12, 7:00 PM ET
Accepted: Nov 13, 1:49 PM ET
Size: 31.8 KB

View on SEC.gov