David Buonanno - May 23, 2023 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ David Buonanno
Stock symbol
AIRI
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/25/2023, 04:23 PM
Previous filing
Apr 7, 2022
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common Stock 48K May 23, 2023 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 Option Award +2.16K 2.16K May 23, 2023 Common Stock 2.16K $3.43 Direct F1
transaction AIRI Stock Option Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $8.40 Direct F1
transaction AIRI Stock Option Disposed to Issuer -100 -50% 100 May 23, 2023 Common Stock 100 $12.50 Direct F1
transaction AIRI Stock Options (right to purchase) Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $13.20 Direct F1
transaction AIRI Stock Options (right to purchase) Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $23.80 Direct F1
transaction AIRI Stock Options (right to purchase) Disposed to Issuer -1.3K -50% 1.3K May 23, 2023 Common Stock 1.3K $15.90 Direct F1
transaction AIRI Stock Options (right to purchase) Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $12.80 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person and the issuer agreed to a stock option exchange whereby the reporting person exchanged all of his outstanding vested and unvested stock options for an immediately vested stock option to purchase a lesser number of shares than the aggregate number of shares subject to his outstanding stock options, with a modified exercise price and exercise period