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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT 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) | ||
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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 (5) | (5) | 03/01/2024 | M | 713 | 03/01/2023(5)(6) | (5)(6) | Class A Common Stock | 1,426 | $ 0 (5) | 713 | D | ||||
| Restricted Stock Units (7) | (7) | 03/01/2024 | M | 633 | 03/01/2024(7)(8) | (7)(8) | Class A Common Stock | 1,897 | $ 0 (7) | 1,264 | D | ||||
| Restricted Stock Units (9) | (9) | 03/01/2025(9)(10) | (9)(10) | Class A Common Stock | 2,185 | 2,185 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| McCarvill Alice C/O ALBANY INTERNATIONAL CORP. 216 AIRPORT DRIVE ROCHESTER, NH 03867 |
Exec VP Human Resources | |||
| Cynthia A. SantaBarbara, Attorney-in-Fact | 03/04/2024 | |
| **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) | Shares distributed pursuant to a Multi-Year Performance Bonus Award made under the Albany International Corp. 2017 Incentive Plan. |
| (2) | Shares distributed pursuant to vesting of Restricted Stock units granted February 25, 2022. |
| (3) | Shares distributed pursuant to vesting of Restricted Stock units granted February 24, 2023. |
| (4) | Shares withheld to satisfy the tax liability in connection with the transaction described in footnotes 1, 2 and 3 above. |
| (5) | Restricted Stock Units granted February 25, 2022 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting. |
| (6) | 713 Restricted Stock Units vest on March 1, 2023; 713 Restricted Stock Units vest on March 1, 2024; and 713 Restricted Stock Units vest on March 1, 2025. |
| (7) | Restricted Stock Units granted February 24, 2023 pursuant to the Albany International Corp. 2017 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting. |
| (8) | 633 Restricted Stock Units vest on March 1, 2024; 632 Restricted Stock Units vest on March 1, 2025; and 632 Restricted Stock Units vest on March 1, 2026. |
| (9) | Restricted Stock Units granted February 23, 2024 pursuant to the Albany International Corp.2023 Incentive Plan. Each Restricted Stock Unit entitles the holder to receive one share of Class A Common Stock at the time of vesting. |
| (10) | 729 Restricted Stock Units vest on March 1, 2025; 728 Restricted Stock Units vest on March 1, 2026; and 728 Restricted Stock Units vest on March 1, 2027. |