Peter Rettaliata - 23 May 2023 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Director
Signature
/s/ Peter Rettaliata
Issuer symbol
AIRI
Transactions as of
23 May 2023
Transactions value $
$9,377
Form type
4
Filing time
25 May 2023, 16:26:48 UTC
Previous filing
10 Jan 2023
Next filing
06 Jun 2023
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 $9,377 +2,649 +12% $3.54* 24,503 23 May 2023 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 +4,040 4,040 23 May 2023 Common Stock 4,040 $3.43 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1,000 -50% 1,000 23 May 2023 Common Stock 1,000 $8.4 Direct F2
transaction AIRI Stock Options Disposed to Issuer -100 -50% 100 23 May 2023 Common Stock 100 $12.5 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1,000 -50% 1,000 23 May 2023 Common Stock 1,000 $13.2 Direct F2
transaction AIRI Stock Options Disposed to Issuer -5,000 -50% 5,000 23 May 2023 Common Stock 5,000 $14.2 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1,000 -50% 1,000 23 May 2023 Common Stock 1,000 $15.9 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1,000 -50% 1,000 23 May 2023 Common Stock 1,000 $12.8 Direct F2
transaction AIRI Stock Options Disposed to Issuer -1,000 -50% 1,000 23 May 2023 Common Stock 1,000 $23.8 Direct F2
* 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 fees.
F2 The reporting person and the issuer agreed to a stock option exchange whereby the reporting person exchanged all of his outstanding vested and unvested stock options for an immediately vested stock option to purchase a lesser number of shares than the aggregate number of shares subject to his outstanding stock options, with a modified exercise price and exercise period.