Luciano M. Melluzzo - 30 Jul 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Issuer symbol
AIRI
Transactions as of
30 Jul 2021
Net transactions value
$0
Form type
4
Filing time
03 Aug 2021, 16:42:14 UTC
Next filing
07 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common stock 90,000 30 Jul 2021 Direct

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
transaction AIRI Stock options Award $0 +180,000 $0.000000 180,000 30 Jul 2021 Common Stock 180,000 $1.22 Direct F1
holding AIRI Stock options 150,000 30 Jul 2021 Common stock 150,000 $1.39 Direct F2
holding AIRI Stock options 200,000 30 Jul 2021 Common stock 200,000 $1.03 Direct F3
holding AIRI Stock options 200,000 30 Jul 2021 Common Stock 200,000 $0.8800 Direct
holding AIRI Stock options 270,000 30 Jul 2021 Common stock 270,000 $1.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests in equal installments of 60,000 shares on July 30, 2021, July 31, 2022 and July 31, 2023.
F2 Vests in equal annual installments of 50,000 shares commencing March 24, 2021.
F3 Vests as to 66,667 shares on March 25, 2020 and March 25, 2021 and an additional 66,666 shares on March 25, 2022.