Michael Brand - Aug 2, 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Michael Brand
Stock symbol
AIRI
Transactions as of
Aug 2, 2021
Transactions value $
$12,000
Form type
4
Date filed
8/25/2021, 03:28 PM
Next filing
Apr 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Purchase $12K +10K +21.5% $1.20 56.5K Aug 24, 2021 Direct
holding AIRI Common Stock 6K Aug 2, 2021 by Roth 401k

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 Option Award $0 +1K $0.00 1K Aug 2, 2021 Common Stock 1K $1.25 Direct F1
holding AIRI Stock Options (right to purchase) 10K Aug 2, 2021 Common Stock 10K $1.32 Direct F2
holding AIRI Stock Options (right to purchase) 10K Aug 2, 2021 Common Stock 10K $2.38 Direct
holding AIRI Stock Options (right to purchase) 3K Aug 2, 2021 Common Stock 3K $1.69 Direct
holding AIRI Stock Options (right to purchase) 13K Aug 2, 2021 Common Stock 13K $1.59 Direct
holding AIRI Stock Options (right to purchase) 10K Aug 2, 2021 Common Stock 10K $1.28 Direct
holding AIRI Stock Options (right to purchase) 50K Aug 2, 2021 Common Stock 50K $1.42 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests as to 500 shares on September 30, 2021, and an additional 500 shares on December 31, 2021.
F2 Vests as to 2,500 shares on March 31, 2021, and an additional 2,500 shares on each of June 30, 2021, September 30, 2021 and December 31, 2021.