Michael D. Porcelain - 01 Oct 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Michael D. Porcelain
Issuer symbol
AIRI
Transactions as of
01 Oct 2021
Net transactions value
+$13,006
Form type
4
Filing time
04 Oct 2021, 16:20:06 UTC
Previous filing
29 Sep 2021
Next filing
06 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Other $13,006 +12,155 +9.1% $1.07 145,474 01 Oct 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AIRI Stock Options (right to purchase) 1,000 01 Oct 2021 Common Stock 1,000 $1.25 Direct F2
holding AIRI Stock Options (right to purchase) 10,000 01 Oct 2021 Common Stock 10,000 $1.32 Direct F3
holding AIRI Stock Options (right to purchase) 3,000 01 Oct 2021 Common Stock 3,000 $1.69 Direct
holding AIRI Stock Options (right to purchase) 10,000 01 Oct 2021 Common Stock 10,000 $1.36 Direct
holding AIRI Stock Options (right to purchase) 13,000 01 Oct 2021 Common Stock 13,000 $1.59 Direct
holding AIRI Stock Options (right to purchase) 10,000 01 Oct 2021 Common Stock 10,000 $1.28 Direct
holding AIRI Stock Options (right to purchase) 10,000 01 Oct 2021 Common Stock 10,000 $2.38 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received in lieu of cash payment of director's fee.
F2 Vests as to 500 shares on September 30, 2021, and another 500 shares on December 31, 2021.
F3 Vests as to 2,500 shares on March 31, 2021, an additional 2,500 shares on each of June 30, 2021, September 30, 2021 and December 31, 2021.