Filing Details

Accession Number:
0001193675-10-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-19 13:00:00
Reporting Period:
2010-05-17
Filing Date:
2010-05-19
Accepted Time:
2010-05-19 10:32:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
819793 Albany International Corp AIN Broadwoven Fabric Mills, Man Made Fiber & Silk (2221) 140462060
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1193675 H Paula Cholmondeley C/O Albany International Corp.
P.o. Box 1907
Albany NY 12201-1907
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2010-05-17 4,900 $23.92 4,418 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,508 Indirect by 401(k)
Footnotes
  1. Proceeds from the sale were contributed by the reporting person to a 401(k) plan for the benefit of the reporting person, and will be used by the plan to repurchase the same number of shares of the Issuer. The reporting person has agreed to pay to the Issuer, no later than the settlement of the purchase, the full amount of any profit realized in connection with any non-exempt short-swing transactions, less transaction costs. (Sale and purchase of shares required because contribution of shares directly not permitted under the terms of the plan.) Shares held by the plan are deemed beneficially owned by the reporting person. The total number of shares that will be beneficially owned by the reporting person following such repurchase will not be changed as the result of these transactions.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.90 to $23.99, inclusive. The reporting person undertakes to provide to Albany International Corp., any security holder of Albany International Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  3. Includes 408 shares acquired pursuant to a dividend reinvestment plan.
  4. Includes 91 shares acquired pursuant to a dividend reinvestment plan.