0001062993-22-006061.txt : 20220301 0001062993-22-006061.hdr.sgml : 20220301 20220301152913 ACCESSION NUMBER: 0001062993-22-006061 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220301 DATE AS OF CHANGE: 20220301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gaug Joseph M CENTRAL INDEX KEY: 0001299383 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10026 FILM NUMBER: 22697514 MAIL ADDRESS: STREET 1: C/O ALBANY INTERNATIONAL CORP. STREET 2: P.O. BOX 1907 CITY: ALBANY STATE: NY ZIP: 12201-1907 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALBANY INTERNATIONAL CORP /DE/ CENTRAL INDEX KEY: 0000819793 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 140462060 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 216 AIRPORT DRIVE CITY: ROCHESTER STATE: NH ZIP: 03867 BUSINESS PHONE: 6033305850 MAIL ADDRESS: STREET 1: 216 AIRPORT DRIVE CITY: ROCHESTER STATE: NH ZIP: 03867 FORMER COMPANY: FORMER CONFORMED NAME: ALBINT INC DATE OF NAME CHANGE: 19870924 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2022-03-01 0000819793 ALBANY INTERNATIONAL CORP /DE/ AIN 0001299383 Gaug Joseph M C/O ALBANY INTERNATIONAL CORP. 216 AIRPORT DRIVE ROCHESTER NH 03867 0 1 0 0 VP-General Counsel & Secretary Class A Common Stock 1127 I By 401(k) Class A Common Stock 344 D Class A Common Stock 2022-03-01 4 M 0 324 0 A 324 D Class A Common Stock 2022-03-01 4 D 0 324 85.69 D 0 D Class A Common Stock 2022-03-01 4 M 0 437 0 A 437 D Class A Common Stock 2022-03-01 4 D 0 437 85.69 D 0 D Class A Common Stock 2022-03-01 4 M 0 461 0 A 461 D Class A Common Stock 2022-03-01 4 D 0 461 85.69 D 0 D Class A Common Stock 2022-03-01 4 M 0 463 0 A 463 D Class A Common Stock 2022-03-01 4 D 0 463 85.69 D 0 D Phantom Stock Units 2022-03-01 4 M 0 324 0 D 2018-03-01 Class A Common Stock 324 0 D Phantom Stock Units 2022-03-01 4 M 0 437 0 D 2019-03-01 Class A Common Stock 879 442 D Phantom Stock Units 2022-03-01 4 M 0 461 0 D 2020-03-01 Class A Common Stock 1384 923 D Phantom Stock Units 2022-03-01 4 M 0 463 0 D 2021-03-01 Class A Common Stock 1852 1389 D Restricted Stock Units 2022-02-19 Class A Common Stock 1151 1151 D Restricted Stock Units 2023-03-01 Class A Common Stock 1923 1923 D Deemed 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. Phantom Stock Units granted on February 22, 2018 pursuant to the Phantom Stock Unit 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. 324 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018. Phantom Stock Units granted on February 21, 2019 pursuant to the Phantom Stock Unit 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. 437 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019. Phantom Stock Units granted on February 20, 2020 pursuant to the Phantom Stock Unit 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. 461 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020. Phantom Stock Units granted on February 18, 2021 pursuant to the Phantom Stock Unit 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. 463 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2021. Restricted Stock Units granted February 19, 2021 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. 576 Restricted Stock Units vest on February 19, 2022; 576 Restricted Stock Units vest on February 19, 2023; and 575 Restricted Stock Units vest on February 19, 2024. 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. 641 Restricted Stock Units vest on March 1, 2023; 641 Restricted Stock Units vest on March 1, 2024; and 641 Restricted Stock Units vest on March 1, 2025. Kathleen M. Tyrrell, Attorney-in-Fact 2022-03-01 EX-24.1 2 exhibit24-1.txt POWER OF ATTORNEY AUTHORIZATION TO SIGN SEC FORMS 3 AND 4 AND NOTICE OF PROPOSED SALE OF SECURITIES (FORM 144) The undersigned, as an officer and/or director of Albany International Corp., a Delaware corporation ("the Company"), hereby authorizes CHARLES J. SILVA, JR., JOSEPH M. GAUG AND KATHLEEN M. TYRRELL, and each of them with full power to act without the others, to sign and file, or cause to be filed, on behalf of the undersigned, any forms and other documents, including without limitation, Forms 3 and 4 or any other forms hereafter substitute therefor, required or permitted to be filed by the undersigned pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended, or rules or regulations promulgated thereunder, and Notice of Proposed Sale of Securities pursuant to Rule 144 under the Securities Act of 1933. The authorization of a person named above shall automatically terminate at such time as such person ceases to be an employee of the Company. The undersigned may terminate the authorization of any such person at any time by delivering written notice of termination to the Company. Date June 22, 2006 /s/ Joseph M. Gaug