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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hansen Robert Alan
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)
Senior Vice President & CTO
(Last)          (First)          (Middle)

C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, UNIT 1
3. Date of Earliest Transaction (MM/DD/YYYY)

2/22/2018
(Street)

ROCHESTER, NH 03867
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Class A Common Stock                  4708   I   By 401(k)  
Class A Common Stock                  10328   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   (1) $19.375                      (2) 11/4/2018   Class A Common Stock   150     150   D  
 
Employee Stock Option   (3) $15.6875                      (2) 11/9/2019   Class A Common Stock   200     350   D  
 
Employee Stock Option   (3) $10.5625                      (2) 11/15/2020   Class A Common Stock   450     800   D  
 
Employee Stock Option   (3) $20.45                      (2) 11/6/2021   Class A Common Stock   600     1400   D  
 
Employee Stock Option   (3) $20.63                      (2) 11/7/2022   Class A Common Stock   1000     2400   D  
 
Phantom Stock Units   (4)   (4)                  3/1/2017   (4) (5)   (4) (5) Class A Common Stock   6746     6746   D  
 
Phantom Stock Units   (6)   (6) 2/22/2018     A      4416       3/1/2018   (6) (7)   (6) (7) Class A Common Stock   4416   $0   (6) 4416   D  
 

Explanation of Responses:
(1)  Options granted pursuant to the Company's 1992 Stock Option Plan as incentive to remain in employ of the Company.
(2)  Fully exercisable.
(3)  Options granted pursuant to the Company's 1998 Stock Option Plan as incentive to remain in employ of the Company.
(4)  Phantom Stock Units granted on February 23, 2017 pursuant to the Albany International Corp. 2011 Performance Phantom Stock Unit Plan (the "Phantom Stock Plan"). Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
(5)  1,687 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
(6)  Phantom Stock Units granted on February 22, 2018 pursuant to the Phantom Stock Plan. Each Phantom Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting.
(7)  883 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hansen Robert Alan
C/O ALBANY INTERNATIONAL CORP.
216 AIRPORT DRIVE, UNIT 1
ROCHESTER, NH 03867


Senior Vice President & CTO

Signatures
Kathleen M. Tyrrell, Attorney-in-Fact 2/26/2018
** Signature of Reporting Person Date


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 insufficient, see Instruction 6 for procedure.
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.
Albany (NYSE:AIN)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Albany Charts.
Albany (NYSE:AIN)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Albany Charts.