Michael E. Recca - May 23, 2023 Form 4/A - Amendment Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Chief Financial Officer
Signature
/s/ Michael E. Recca
Stock symbol
AIRI
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/20/2023, 04:27 PM
Date Of Original Report
May 23, 2023
Previous filing
Apr 13, 2022
Next filing
Jun 6, 2023

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 +21.6K 21.6K May 23, 2023 Common Stock 21.6K $3.43 Direct F1
holding AIRI Stock option 10K May 23, 2023 Common Stock 10K $8.30 Direct F2, F3
holding AIRI Stock option 12.5K May 23, 2023 Common Stock 12.5K $12.20 Direct F2, F4
holding AIRI Stock option 7.5K May 23, 2023 Common Stock 7.5K $13.90 Direct F2
holding AIRI Stock option 10K May 23, 2023 Common Stock 10K $10.30 Direct F2
holding AIRI Stock option 9K May 23, 2023 Common Stock 9K $8.80 Direct F2
holding AIRI Stock option 5K May 23, 2023 Common Stock 5K $14.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment reports that this stock option was issued absent the exchange for all outstanding options as had been previously reported.
F2 This amendment reports that these stock options were not exchanged for the stock option referred to in Note 1, as had been previously reported.
F3 Vests as to 3,333 shares on April 12, 2022 and March 31, 2023 and 3,334 on March 31, 2024.
F4 Vests as to 4,167 shares on July 30, 2021 and July 31, 2022 and 4,166 shares on July 31, 2023.