Luciano M. Melluzzo - May 23, 2023 Form 4/A - Amendment Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Stock symbol
AIRI
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/20/2023, 04:47 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 +48K 48K May 23, 2023 Common Stock 48K $3.43 Direct F1
holding AIRI Stock option 20K May 23, 2023 Common Stock 20K $8.30 Direct F2, F3
holding AIRI Stock option 18K May 23, 2023 Common Stock 18K $12.20 Direct F2, F4
holding AIRI Stock option 15K May 23, 2023 Common stock 15K $13.90 Direct F2
holding AIRI Stock option 20K May 23, 2023 Common stock 20K $10.30 Direct F2
holding AIRI Stock option 20K May 23, 2023 Common Stock 20K $8.80 Direct F2
holding AIRI Stock option 27K May 23, 2023 Common stock 27K $15.00 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 6,667 shares on each of April 12, 2022 and March 31, 2023 and 6,666 on March 31, 2024.
F4 Vests in equal installments of 6,000 shares on July 30, 2021, July 31, 2022 and July 31, 2023.