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

Role
Director
Signature
/s/ Michael D. Porcelain
Issuer symbol
AIRI
Transactions as of
06 Jul 2022
Transactions value $
$13,006
Form type
4
Filing time
06 Jul 2022, 16:43:29 UTC
Previous filing
07 Apr 2022
Next filing
18 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Other $13,006 +18,580 +11% $0.7 191,425 06 Jul 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
holding AIRI Stock Options 10,000 06 Jul 2022 Common Stock 10,000 $0.84 Direct F2
holding AIRI Stock Options 1,000 06 Jul 2022 Common Stock 1,000 $1.25 Direct
holding AIRI Stock Options 10,000 06 Jul 2022 Common Stock 10,000 $1.32 Direct
holding AIRI Stock Options 3,000 06 Jul 2022 Common Stock 3,000 $1.69 Direct
holding AIRI Stock Options 10,000 06 Jul 2022 Common Stock 10,000 $1.36 Direct
holding AIRI Stock Options 13,000 06 Jul 2022 Common Stock 13,000 $1.59 Direct
holding AIRI Stock Options 10,000 06 Jul 2022 Common Stock 10,000 $1.28 Direct
holding AIRI Stock Options 10,000 06 Jul 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.