- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------- FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL - -------- ----------------------------- / / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287 LONGER SUBJECT TO EXPIRES: JANUARY 31, 2005 SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5 CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 ----------------------------- INSTRUCTION 1(b). (Print or Type Responses) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) J.S. Standish Co. Albany International Corp. ("AIN") Director X 10% Owner ---- ---- - --------------------------------------------------------------------------------------------- Officer (give Other (Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for ---- title ---- (specify Number of Reporting Month/Year below) below C/O Albany International Corp. Person, if an entity ----------------- ------------------ P.O. Box 1907 (voluntary) August 23, 2002 - -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing (Street) 5. If Amendment, (Check Applicable Line) Date of Original _X_Form filed by One Reporting Person Albany NY 12201-1907 36-3060162 (Month/Year) ___Form filed by More than One Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Instr. 8) Owned at Direct Bene- (Month/ End of (D) or ficial Day/ ------------------------------------------- Month Indirect Owner- Year) (A) or (I) ship Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4) and 4) - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/1/02 C 1,300 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/1/02 S(1) 1,300 D $23.00 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/6/02 C 29,000 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/6/02 S(1) 29,000 D $23.3563 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/7/02 C 21,300 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/7/02 S(1) 21,300 D $23.2754 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/8/02 C 23,200 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/8/02 S(1) 23,200 D $23.485 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 (3-99) POTENTIAL PERSONS WHO ARE TO 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.
FORM 4 (CONTINUED) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Instr. 8) Owned at Direct Bene- (Month/ End of (D) or ficial Day/ ------------------------------------------- Month Indirect Owner- Year) (A) or (I) ship Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4) and 4) - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/9/02 C 24,800 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/9/02 S(1) 24,800 D $23.4701 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/12/02 C 11,700 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/12/02 S(1) 11,700 D $23.0147 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/13/02 C 4,100 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/13/02 S(1) 4,100 D $23.0344 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/19/02 C 8,700 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/19/02 S(1) 8,700 D $23.0798 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/20/02 C 2,600 A 1-for-1 D - ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 8/20/02 S(1) 2,600 D $23.0012 0 D - ------------------------------------------------------------------------------------------------------------------------------------ Page 2
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ posed of (D) (Month/Day/ Deriv- Day/ (Instr. 3, 4, and 5) Year) ative Year) Security -------------------- Date Expira- -------------------------------------- Exer- tion cisable Date Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/1/02 C 1,300 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/6/02 C 29,000 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/7/02 C 21,300 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/8/02 C 23,200 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/9/02 C 24,800 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/12/02 C 11,700 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/13/02 C 4,100 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/19/02 C 8,700 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ Class B Common Stock (2) 8/20/02 C 2,600 (2) (2) - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ 7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature lying Securities of of Deriv- ship of In- (Instr. 3 and 4) Deriv- ative Form direct ative Securi- of De- Bene- Secur- ties rivative ficial ity Bene- Secu- Own- (Instr. ficially rity: ership 5) Owned Direct (Instr. 4) at End (D) or Amount or of Indi- Title Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------ Class A Common Stock 1,300 D - ------------------------------------------------------------------------------------------ Class A Common Stock 29,000 D - ------------------------------------------------------------------------------------------ Class A Common Stock 21,300 D - ------------------------------------------------------------------------------------------ Class A Common Stock 23,200 D - ------------------------------------------------------------------------------------------ Class A Common Stock 24,800 D - ------------------------------------------------------------------------------------------ Class A Common Stock 11,700 D - ------------------------------------------------------------------------------------------ Class A Common Stock 4,100 D - ------------------------------------------------------------------------------------------ Class A Common Stock 8,700 D - ------------------------------------------------------------------------------------------ Class A Common Stock 2,600 3,241,313 D - ------------------------------------------------------------------------------------------ Explanation of Responses: (1) Sale pursuant to a 10b5-1 plan. (2) Convertible, on a share-for-share basis, into Class A Comon Stock. /s/ J. Spencer Standish, President August 23, 2002 ---------------------------------- --------------- **Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, SEE Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 3