Luciano M. Melluzzo - Dec 6, 2021 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Stock symbol
AIRI
Transactions as of
Dec 6, 2021
Transactions value $
$9,400
Form type
4
Date filed
12/7/2021, 01:59 PM
Previous filing
Aug 3, 2021
Next filing
Apr 13, 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 $9.4K +10K +11.11% $0.94 100K Dec 6, 2021 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
holding AIRI Stock options 180K Dec 6, 2021 Common Stock 180K $1.22 Direct F1
holding AIRI Stock options 150K Dec 6, 2021 Common stock 150K $1.39 Direct F2
holding AIRI Stock options 200K Dec 6, 2021 Common stock 200K $1.03 Direct F3
holding AIRI Stock options 200K Dec 6, 2021 Common Stock 200K $0.88 Direct
holding AIRI Stock options 270K Dec 6, 2021 Common stock 270K $1.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests in equal installments of 60,000 shares on July 30, 2021, July 31, 2022 and July 31, 2023.
F2 Vests in equal annual installments of 50,000 shares commencing March 24, 2021.
F3 Vests as to 66,667 shares on March 25, 2020 and March 25, 2021 and an additional 66,666 shares on March 25, 2022.