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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 | ||||||||
Class B Common Stock | (3) | (3) | (3) | Class A Common Stock | 1,704 | 1,704 | D | ||||||||
Class B Common Stock | (3) | (3) | (3) | Class A Common Stock | 120,000 | 120,000 | I | Held by Christine L. Standish Delta Trust. (4) | |||||||
Class B Common Stock | (3) | (3) | (3) | Class A Common Stock | 10,700 | 10,700 | I | Held by Christine L. Standish Gift Trust. (5) | |||||||
Class B Common Stock | (3) | (3) | (3) | Class A Common Stock | 151,318 | 151,318 | I | Held by Standish Delta Trust. (6) | |||||||
Restricted Stock Units (7) | (7) | 11/11/2005 | M | 61 | (7)(8) | (7)(8) | Class A Common Stock | 303 (9) | (7) | 242 (9) | I | Granted to Christopher Wilk, husband of reporting person. (7) | |||
Restricted Stock Units (7) | (7) | 11/11/2005 | A | 500 | (7)(10) | (7)(10) | Class A Common Stock | 500 | (7) | 500 | I | Granted to Christopher Wilk, husband of reporting person. (7) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
STANDISH CHRISTINE L C/O ALBANY INTERNATIONAL CORP. P.O. BOX 1907 ALBANY, NY 12201-1907 |
X |
Kathleen M. Tyrrell, Attorney-in-Fact | 11/14/2005 | |
**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) | Owned by Christopher Wilk, husband of reporting person. Ms. Standish disclaims beneficial ownership of these shares. |
(2) | Deemed acquisition and disposition to the issuer of shares of stock underlying Restricted Stock Units granted to Christopher Wilk, husband of reporting person. No shares were actually issued or disposed. |
(3) | Convertible, on a share-for-share basis, into shares of the Company's Class A Common Stock. |
(4) | Held by the Christine L. Standish Delta Trust. Ms. Standish disclaims beneficial ownership of such shares. |
(5) | Held by the Christine L. Standish Gift Trust. Ms. Standish disclaims beneficial ownership of such shares. |
(6) | Held by Standish Delta Trust, a trust of which Ms. Standish is a beneficiary and as to which she shares voting and investment power. |
(7) | Restricted Stock Units granted to Christopher Wilk, husband of reporting person, 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. Ms. Standish disclaims beneficial ownership of such stock units. |
(8) | 60 Restriced Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005. |
(9) | Includes dividend units accrued on Restricted Stock Units on July 8, 2005 and October 7, 2005. |
(10) | 100 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2006. |