Edgar Filing: Cozzolino John B

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Cozzolino John B

2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2009

3. Issuer Name and Ticker or Trading Symbol
ALBANY INTERNATIONAL CORP /DE/ [AIN]

(Last)

(First)

(Middle)

C/O ALBANY INTERNATIONAL CORP.,Â P.O. BOX 1907

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
VP-Corporate Treasurer

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

ALBANY,Â NYÂ 12201-1907

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	948	I	By 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option ⁽¹⁾	Â ⁽²⁾	11/07/2022	Class A Common Stock	300	$ 20.63	D	Â
Restricted Stock Units ⁽³⁾	11/11/2005⁽³⁾⁽⁴⁾	Â ⁽³⁾⁽⁴⁾	Class A Common Stock	95	$ ⁽³⁾	D	Â
Restricted Stock Units ⁽³⁾	11/11/2006⁽³⁾⁽⁵⁾	Â ⁽³⁾⁽⁵⁾	Class A Common Stock	189	$ ⁽³⁾	D	Â
Restricted Stock Units ⁽³⁾	11/11/2007⁽³⁾⁽⁶⁾	Â ⁽³⁾⁽⁶⁾	Class A Common Stock	404	$ ⁽³⁾	D	Â
Restricted Stock Units ⁽³⁾	11/11/2008⁽³⁾⁽⁷⁾	Â ⁽³⁾⁽⁷⁾	Class A Common Stock	615	$ ⁽³⁾	D	Â
Restricted Stock Units ⁽³⁾	11/11/2009⁽³⁾⁽⁸⁾	Â ⁽³⁾⁽⁸⁾	Class A Common Stock	757	$ ⁽³⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Cozzolino John B C/O ALBANY INTERNATIONAL CORP. P.O. BOX 1907 ALBANY,Â NYÂ 12201-1907	Â	Â	Â VP-Corporate Treasurer	Â

Signatures

John B. Cozzolino		03/03/2009
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Options granted pursuant to the Company's 1998 Stock Option Plan as incentive to remain in employ of the Company.
(2)	Fully exercisable.
(3)	Restricted Stock Units granted 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.
(4)	90 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2005.
(5)	90 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2006.
(6)	130 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2007.
(7)	150 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2008.
(8)	150 Restricted Stock Units (plus related dividend units) vest on each November 11, beginning November 11, 2009.

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