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
                                                                                  
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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)

2/23/2021
(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         4864 I By 401(k) 
Class A Common Stock         13404 D  
Class A Common Stock 2/23/2021  M  1000 A$20.63 1000 D  
Class A Common Stock 2/23/2021  S  1000 D$82.64 0 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (1)$20.63 2/23/2021  M     1000   (2)11/7/2022 Class A Common Stock 1000 $0 0 D  
Phantom Stock Units (3) (3)          3/1/2017 (3)(4) (3)(4)Class A Common Stock 1685  1685 D  
Phantom Stock Units (5) (5)          3/1/2018 (5)(6) (5)(6)Class A Common Stock 1767  1767 D  
Phantom Stock Units (7) (7)          3/1/2019 (7)(8) (7)(8)Class A Common Stock 2749  2749 D  
Phantom Stock Units (9) (9)          3/1/2020 (9)(10) (9)(10)Class A Common Stock 3740  3740 D  
Phantom Stock Units (11) (11)          3/1/2021 (11)(12) (11)(12)Class A Common Stock 3740  3740 D  

Explanation of Responses:
(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) 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.
(4) 1,687 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2017.
(5) 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.
(6) 883 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2018.
(7) Phantom Stock Units granted on February 21, 2019 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.
(8) 917 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2019.
(9) Phantom Stock Units granted on February 20, 2020 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.
(10) 935 Phantom Stock Units will be settled and payable each year on or about March 1, beginning March 1, 2020.
(11) Phantom Stock Units granted on February 18, 2021 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.
(12) 748 Phantom Stock KUnits will be settled and payable each year on or about March 1, beginning March 1, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
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-Fact2/24/2021
**Signature of Reporting PersonDate

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