Luciano M. Melluzzo - 11 Apr 2022 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Issuer symbol
AIRI
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4
Filing time
13 Apr 2022, 13:25:25 UTC
Previous filing
07 Dec 2021
Next filing
25 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common Stock 100,000 11 Apr 2022 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 Stock Options Award $0 +200,000 $0.000000 200,000 11 Apr 2022 Common Stock 200,000 $0.8300 Direct F1
holding AIRI Stock Options 180,000 11 Apr 2022 Common Stock 180,000 $1.22 Direct F2
holding AIRI Stock Options 150,000 11 Apr 2022 Common Stock 150,000 $1.39 Direct F3
holding AIRI Stock Options 200,000 11 Apr 2022 Common Stock 200,000 $1.03 Direct F4
holding AIRI Stock Options 200,000 11 Apr 2022 Common Stock 200,000 $0.8800 Direct
holding AIRI Stock Options 270,000 11 Apr 2022 Common Stock 270,000 $1.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests as to 66,667 shares on each of April 12, 2022 and March 31, 2023, and 66,666 shares on March 31, 2024.
F2 Vests in equal instalments of 60,000 shares on July 30, 2021, July 31, 2022 and 2023.
F3 Vests in equal annual instalments of 50,000 commencing March 24, 2021.
F4 Vested as to 66,667 shares on each of March 25, 2020 and 2021, and 66,666 shares on March 25, 2022.