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

Role
Director
Signature
/s/ Peter Rettaliata
Stock symbol
AIRI
Transactions as of
May 23, 2023
Transactions value $
$9,377
Form type
4
Date filed
5/25/2023, 04:26 PM
Previous filing
Jan 10, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Other $9.38K +2.65K +12.12% $3.54 24.5K May 23, 2023 Direct F1

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 +4.04K 4.04K May 23, 2023 Common Stock 4.04K $3.43 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $8.40 Direct F2
transaction AIRI Stock Options Disposed to Issuer -100 -50% 100 May 23, 2023 Common Stock 100 $12.50 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $13.20 Direct F2
transaction AIRI Stock Options Disposed to Issuer -5K -50% 5K May 23, 2023 Common Stock 5K $14.20 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $15.90 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $12.80 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1K -50% 1K May 23, 2023 Common Stock 1K $23.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received in lieu of cash payment of director's fees.
F2 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.