MICHAEL PORCELAIN - 07 Jul 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Michael D. Porcelain
Issuer symbol
AIRI
Transactions as of
07 Jul 2021
Transactions value $
$11,824
Form type
4
Filing time
08 Jul 2021, 16:17:39 UTC
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Other $11,823 +9,095 +7.32% $1.30 133,319 07 Jul 2021 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
holding AIRI Stock Options (right to purchase) 10,000 07 Jul 2021 Common Stock 10,000 $1.32 Direct F2
holding AIRI Stock Options (right to purchase) 3,000 07 Jul 2021 Common Stock 3,000 $1.69 Direct
holding AIRI Stock Options (right to purchase) 10,000 07 Jul 2021 Common Stock 10,000 $1.36 Direct
holding AIRI Stock Options (right to purchase) 13,000 07 Jul 2021 Common Stock 13,000 $1.59 Direct
holding AIRI Stock Options (right to purchase) 10,000 07 Jul 2021 Common Stock 10,000 $1.28 Direct
holding AIRI Stock Options (right to purchase) 10,000 07 Jul 2021 Common Stock 10,000 $2.38 Direct
* 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 Vests as to 2,500 shares on March 31, 2021, an additional 2,500 shares on each of June 30, 2021, September 30, 2021 and December 31, 2021.