MICHAEL PORCELAIN - 06 Apr 2022 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Michael D. Porcelain
Issuer symbol
AIRI
Transactions as of
06 Apr 2022
Transactions value $
$13,005
Form type
4
Filing time
07 Apr 2022, 16:59:48 UTC
Previous filing
05 Jan 2022
Next filing
06 Jul 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 Other $13,004 +15,482 +9.8% $0.84 172,845 06 Apr 2022 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
transaction AIRI Stock Options Award $0 +10,000 $0 10,000 06 Apr 2022 Common Stock 10,000 $0.84 Direct F2
holding AIRI Stock Options 1,000 06 Apr 2022 Common Stock 1,000 $1.25 Direct
holding AIRI Stock Options 10,000 06 Apr 2022 Common Stock 10,000 $1.32 Direct
holding AIRI Stock Options 3,000 06 Apr 2022 Common Stock 3,000 $1.69 Direct
holding AIRI Stock Options 10,000 06 Apr 2022 Common Stock 10,000 $1.36 Direct
holding AIRI Stock Options 13,000 06 Apr 2022 Common Stock 13,000 $1.59 Direct
holding AIRI Stock Options 10,000 06 Apr 2022 Common Stock 10,000 $1.28 Direct
holding AIRI Stock Options 10,000 06 Apr 2022 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 fee.
F2 Vests as to 2,500 shares on April 6, 2022, and an additional 2,500 shares on each of June 30, 2022, September 30, 2022 and December 31, 2022.