Luciano M. Melluzzo - Aug 26, 2024 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Stock symbol
AIRI
Transactions as of
Aug 26, 2024
Transactions value $
$0
Form type
4
Date filed
8/27/2024, 05:00 PM
Previous filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common Stock 21.1K Aug 26, 2024 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 Restricted Stock Unit Award $0 +102K $0.00 102K Aug 26, 2024 Common Stock 102K Direct F1, F2
holding AIRI Stock options 27K Aug 26, 2024 Common Stock 27K $3.50 Direct F3
holding AIRI Stock options 48K Aug 26, 2024 Common Stock 48K $3.43 Direct F4
holding AIRI Stock option 20K Aug 26, 2024 Common Stock 20K $8.30 Direct F4
holding AIRI Stock option 18K Aug 26, 2024 Common Stock 18K $12.20 Direct F4
holding AIRI Stock option 15K Aug 26, 2024 Common stock 15K $13.90 Direct F4
holding AIRI Stock option 20K Aug 26, 2024 Common stock 20K $10.30 Direct F4
holding AIRI Stock option 27K Aug 26, 2024 Common stock 27K $15.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2 Vests as to 34,423 shares on April 1, 2025, April 1, 2026 and 34,422 on April 1, 2027, assuming continued service through the vesting date.
F3 Vests in equal instalments of 9,000 shares on June 2, 2023, May 31, 2024 and May 31, 2025.
F4 Exercisable in full.