Michael Brand - 02 Aug 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Michael Brand
Issuer symbol
AIRI
Transactions as of
02 Aug 2021
Transactions value $
$12,000
Form type
4
Filing time
25 Aug 2021, 15:28:57 UTC
Next filing
07 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Purchase $12,000 +10,000 +22% $1.2 56,504 24 Aug 2021 Direct
holding AIRI Common Stock 6,000 02 Aug 2021 by Roth 401k

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 $0 +1,000 $0 1,000 02 Aug 2021 Common Stock 1,000 $1.25 Direct F1
holding AIRI Stock Options (right to purchase) 10,000 02 Aug 2021 Common Stock 10,000 $1.32 Direct F2
holding AIRI Stock Options (right to purchase) 10,000 02 Aug 2021 Common Stock 10,000 $2.38 Direct
holding AIRI Stock Options (right to purchase) 3,000 02 Aug 2021 Common Stock 3,000 $1.69 Direct
holding AIRI Stock Options (right to purchase) 13,000 02 Aug 2021 Common Stock 13,000 $1.59 Direct
holding AIRI Stock Options (right to purchase) 10,000 02 Aug 2021 Common Stock 10,000 $1.28 Direct
holding AIRI Stock Options (right to purchase) 50,000 02 Aug 2021 Common Stock 50,000 $1.42 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests as to 500 shares on September 30, 2021, and an additional 500 shares on December 31, 2021.
F2 Vests as to 2,500 shares on March 31, 2021, and an additional 2,500 shares on each of June 30, 2021, September 30, 2021 and December 31, 2021.