Michael E. Recca - Jul 30, 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Chief Financial Officer
Signature
/s/ Michael E. Recca
Stock symbol
AIRI
Transactions as of
Jul 30, 2021
Transactions value $
$0
Form type
4
Date filed
8/3/2021, 04:43 PM
Next filing
Apr 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common Stock 0 Jul 30, 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 +125K $0.00 125K Jul 30, 2021 Common Stock 125K $1.22 Direct F1
holding AIRI Stock options 75K Jul 30, 2021 Common Stock 75K $1.39 Direct F2
holding AIRI Stock options 100K Jul 30, 2021 Common Stock 100K $1.03 Direct F3
holding AIRI Stock options 90K Jul 30, 2021 Common Stock 90K $0.88 Direct
holding AIRI Stock options 50K Jul 30, 2021 Common Stock 50K $1.42 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests as to 41,667 shares on each of July 30, 2021 and July 31, 2022 and an additional 41,666 shares on July 31, 2023.
F2 Vests in equal annual installments of 25,000 shares commencing March 24, 2021.
F3 Vests as to 33,334 shares on March 25, 2020, and an additional 33,333 shares on each of March 25, 2021 and March 25, 2022.
F4 Vests in annual installments of 10,000 shares commencing July 24, 2018.