Luciano M. Melluzzo - 06 Dec 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Issuer symbol
AIRI
Transactions as of
06 Dec 2021
Net transactions value
+$9,400
Form type
4
Filing time
07 Dec 2021, 13:59:21 UTC
Previous filing
03 Aug 2021
Next filing
13 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common stock Purchase $9,400 +10,000 +11% $0.9400 100,000 06 Dec 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
holding AIRI Stock options 180,000 06 Dec 2021 Common Stock 180,000 $1.22 Direct F1
holding AIRI Stock options 150,000 06 Dec 2021 Common stock 150,000 $1.39 Direct F2
holding AIRI Stock options 200,000 06 Dec 2021 Common stock 200,000 $1.03 Direct F3
holding AIRI Stock options 200,000 06 Dec 2021 Common Stock 200,000 $0.8800 Direct
holding AIRI Stock options 270,000 06 Dec 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.