Luciano M. Melluzzo - 26 Aug 2024 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Issuer symbol
AIRI
Transactions as of
26 Aug 2024
Net transactions value
$0
Form type
4
Filing time
27 Aug 2024, 17:00:07 UTC
Previous filing
07 Jun 2024
Next filing
28 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRI Common Stock 21,082 26 Aug 2024 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 Restricted Stock Unit Award $0 +102,368 $0.000000 102,368 26 Aug 2024 Common Stock 102,368 Direct F1, F2
holding AIRI Stock options 27,000 26 Aug 2024 Common Stock 27,000 $3.50 Direct F3
holding AIRI Stock options 48,000 26 Aug 2024 Common Stock 48,000 $3.43 Direct F4
holding AIRI Stock option 20,000 26 Aug 2024 Common Stock 20,000 $8.30 Direct F4
holding AIRI Stock option 18,000 26 Aug 2024 Common Stock 18,000 $12.20 Direct F4
holding AIRI Stock option 15,000 26 Aug 2024 Common stock 15,000 $13.90 Direct F4
holding AIRI Stock option 20,000 26 Aug 2024 Common stock 20,000 $10.30 Direct F4
holding AIRI Stock option 27,000 26 Aug 2024 Common stock 27,000 $15.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2 Vests as to 34,423 shares on April 1, 2025, April 1, 2026 and 34,422 on April 1, 2027, assuming continued service through the vesting date.
F3 Vests in equal instalments of 9,000 shares on June 2, 2023, May 31, 2024 and May 31, 2025.
F4 Exercisable in full.