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

Role
President
Signature
/s/ Luciano M. Melluzzo
Stock symbol
AIRI
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
4
Date filed
4/13/2022, 01:25 PM
Previous filing
Dec 7, 2021
Next filing
May 25, 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 100K Apr 11, 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 +200K $0.00 200K Apr 11, 2022 Common Stock 200K $0.83 Direct F1
holding AIRI Stock Options 180K Apr 11, 2022 Common Stock 180K $1.22 Direct F2
holding AIRI Stock Options 150K Apr 11, 2022 Common Stock 150K $1.39 Direct F3
holding AIRI Stock Options 200K Apr 11, 2022 Common Stock 200K $1.03 Direct F4
holding AIRI Stock Options 200K Apr 11, 2022 Common Stock 200K $0.88 Direct
holding AIRI Stock Options 270K Apr 11, 2022 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 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.