Robert F. Taglich - 07 Jul 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director, 10%+ Owner
Signature
/s/ Robert F. Taglich
Issuer symbol
AIRI
Transactions as of
07 Jul 2021
Net transactions value
$0
Form type
4
Filing time
08 Jul 2021, 16:25:46 UTC
Previous filing
18 May 2021
Next filing
10 Aug 2021
SEC
View on sec.gov

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 Warrants 23,918 07 Jul 2021 Common Stock 15,029 $3.00 Direct
holding AIRI Warrants 19,230 07 Jul 2021 Common Stock 19,230 $3.71 Direct
holding AIRI Warrants 7,692 07 Jul 2021 Common Stock 7,692 $3.30 Direct
holding AIRI Warrants 39,262 07 Jul 2021 Common Stock 15,344 $3.00 Direct F2
holding AIRI Warrants 51,802 07 Jul 2021 Common Stock 12,540 $3.00 Direct F2
holding AIRI Warrants 7,500 07 Jul 2021 Common Stock 7,500 $4.45 Direct F2
holding AIRI Warrants 12,542 07 Jul 2021 Common Stock 4,374 $3.30 Direct F2
holding AIRI Warrants 4,306 07 Jul 2021 Common Stock 4,306 $3.78 Direct F2
holding AIRI Warrants 869 07 Jul 2021 Common Stock 869 $4.00 Direct F2
holding AIRI Warrants 98,590 07 Jul 2021 Common Stock 98,590 $1.50 Direct F3, F4
holding AIRI Warrants 24,000 07 Jul 2021 Common Stock 24,000 $1.50 Direct
holding AIRI Warrants 2,436 07 Jul 2021 Common Stock 2,436 $5.00 See Note F1
holding AIRI Warrants 3,416 07 Jul 2021 Common Stock 3,416 $3.30 See Note F5
holding AIRI Warrants 3,354 07 Jul 2021 Common Stock 3,354 $3.78 See Note F5
holding AIRI Warrants 615 07 Jul 2021 Common Stock 615 $4.00 See Note F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Custodian for children under NY UGMA.
F2 Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
F3 Exercise price was reduced from $2.49 to $1.50 per share, the public offering price of the Issuer's common stock in the Issuer's public offering which closed on July 12, 2017, pursuant to the terms of the warrant.
F4 Includes warrants previously owned by a partnership of which Reporting Person was a General Partner, received upon liquidation at the end of 2018.
F5 Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, which acted as placement agent for the sale of Issuer's 8% convertible notes, in lieu of cash payment of commissions.