Sec Form 4 Filing - Connally Christopher @ ALBANY INTERNATIONAL CORP /DE/

Insider filing report for Changes in Beneficial Ownership

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FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person

Connally Christopher

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

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

_____ Director	_____ 10% Owner
X __ Officer (give title below)	_____ Other (specify below)
Corporate Treasurer

(Last)

(First)

(Middle)

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

3. Date of Earliest Transaction (MM/DD/YY)
02/28/2009

(Street)

ALBANY, NY12201-1907

4. If Amendment, Date Original Filed (MM/DD/YY)

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 Acquired, Disposed of, or Beneficially Owned**
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock								2,324	I	By 401(k)
Class A Common Stock ^{( 1 )}	02/28/2009		M		64	A		64 ^{( 1 )}	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		D		64	D	$ 10.2	0	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		M		210	A		210 ^{( 1 )}	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		D		210	D	$ 10.2	0	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		M		311	A		311 ^{( 1 )}	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		D		311	D	$ 10.2	0	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		M		513	A		513 ^{( 1 )}	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		D		513	D	$ 10.2	0	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		M		630	A		630 ^{( 1 )}	D ^{( 1 )}
Class A Common Stock ^{( 1 )}	02/28/2009		D		630	D	$ 10.2	0	D ^{( 1 )}

**Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned**
( *e.g.* , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	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 (MM/DD/YY)		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)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option ^{( 2 )}	$ 22.25							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		1,500	D
Employee Stock Option ^{( 2 )}	$ 22.25							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		3,000	D
Employee Stock Option ^{( 2 )}	$ 19.75							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		4,500	D
Employee Stock Option ^{( 4 )}	$ 19.375							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		6,000	D
Employee Stock Option ^{( 4 )}	$ 15.6875							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		7,500	D
Employee Stock Option ^{( 2 )}	$ 20.45							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		9,000	D
Employee Stock Option ^{( 4 )}	$ 20.63							^{( 3 )}	02/28/2014	Class A Common Stock	1,500		10,500	D
Restricted Stock Units ^{( 5 )}	^{( 5 )}	02/28/2009		M			64	^{( 5 )}^{( 6 )}	^{( 5 )}	Class A Common Stock	128 ^{( 7 )}	^{( 5 )}	0 ^{( 8 )}	D
Restricted Stock Units ^{( 5 )}	^{( 5 )}	02/28/2009		M			210	^{( 5 )}^{( 9 )}	^{( 5 )}	Class A Common Stock	420 ^{( 7 )}	^{( 5 )}	0 ^{( 10 )}	D
Restricted Stock Units ^{( 5 )}	^{( 5 )}	02/28/2009		M			311	^{( 5 )}^{( 11 )}	^{( 5 )}	Class A Common Stock	622 ^{( 7 )}	^{( 5 )}	0 ^{( 12 )}	D
Restricted Stock Units ^{( 5 )}	^{( 5 )}	02/28/2009		M			513	^{( 5 )}^{( 13 )}	^{( 5 )}	Class A Common Stock	1,026 ^{( 7 )}	^{( 5 )}	0 ^{( 14 )}	D
Restricted Stock Units ^{( 5 )}	^{( 5 )}	02/28/2009		M			630	^{( 5 )}^{( 15 )}	^{( 5 )}	Class A Common Stock	1,260 ^{( 7 )}	^{( 5 )}	0 ^{( 16 )}	D

**Reporting Owners**
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Connally Christopher C/O ALBANY INTERNATIONAL CORP. P.O. BOX 1907 ALBANY, NY12201-1907			Corporate Treasurer

**Signatures**
Christopher J. Connally		03/02/2009
Signature of Reporting Person		Date

Explanation of Responses:

( 1 )Deemed acquisition and disposition to the issuer of shares of stock underlying Restricted Stock Units upon automatic vesting and cash settlement of such Units (see footnote 5). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.
( 2 )Options granted pursuant to the Company's 1992 Stock Option Plan as incentive to remain in employ of the Company.
( 3 )Fully exercisable.
( 4 )Options granted pursuant to the Company's 1998 Stock Option Plan as incentive to remain in employ of the Company.
( 5 )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.
( 6 )Pursuant to the Restricted Stock Unit Plan, 64 RSUs vested upon the reporting person's February 28, 2009 retirement from the Company.
( 7 )Includes dividend units accrued on Restricted Stock Units on January 8, 2009.
( 8 )In addition to the vesting of 64 RSUs, reflects the forfeiture of 64 RSUs pursuant to the Restricted Stock Unit Plan upon the reporting person's February 28, 2009 retirement from the Company.
( 9 )Pursuant to the Restricted Stock Unit Plan, 210 RSUs vested upon the reporting person's February 28, 2009 retirement from the Company.
( 10 )In addition to the vesting of 210 RSUs, reflects the forfeiture of 210 RSUs pursuant to the Restricted Stock Unit Plan upon the reporting person's February 28, 2009 retirement from the Company.
( 11 )Pursuant to the Restricted Stock Unit Plan, 311 RSUs vested upon the reporting person's February 28, 2009 retirement from the Company.
( 12 )In addition to the vesting of 311 RSUs, reflects the forfeiture of 311 RSUs pursuant to the Restricted Stock Unit Plan upon the reporting person's February 28, 2009 retirement from the Company.
( 13 )Pursuant to the Restricted Stock Unit Plan, 513 RSUs vested upon the reporting person's February 28, 2009 retirement from the Company.
( 14 )In addition to the vesting of 513 RSUs, reflects the forfeiture of 513 RSUs pursuant to the Restricted Stock Unit Plan upon the reporting person's February 28, 2009 retirement from the Company.
( 15 )Pursuant to the Restricted Stock Unit Plan, 630 RSUs vested upon the reporting person's February 28, 2009 retirement from the Company.
( 16 )In addition to the vesting of 630 RSUs, reflects the forfeiture of 630 RSUs pursuant to the Restricted Stock Unit Plan upon the reporting person's February 28, 2009 retirement from the Company.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insuf ficient, see Instruction 6 for procedure.
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Sec Form 4 Filing - Connally Christopher @ ALBANY INTERNATIONAL CORP /DE/ - 2009-02-28