Michael N. Taglich - Apr 22, 2025 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Signature
/s/ Michael N. Taglich
Stock symbol
AIRI
Transactions as of
Apr 22, 2025
Transactions value $
$12,597
Form type
4
Date filed
4/23/2025, 05:03 PM
Previous filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Award $12.6K +4.13K +0.94% $3.05 444K Apr 22, 2025 Direct F1
holding AIRI Common Stock 24K Apr 22, 2025 See Note F2

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 10K Apr 22, 2025 Common Stock 10K $3.75 Direct F3
holding AIRI Stock Options 1K Apr 22, 2025 Common Stock 1K $3.50 Direct F3
holding AIRI Stock Options 2.12K Apr 22, 2025 Common Stock 2.12K $3.43 Direct F3
holding AIRI Stock Option 1K Apr 22, 2025 Common Stock 1K $8.40 Direct F3
holding AIRI Stock Option 1K Apr 22, 2025 Common Stock 1K $13.20 Direct F3
holding AIRI Stock Option 1K Apr 22, 2025 Common Stock 1K $23.80 Direct F3
holding AIRI Stock Option 1K Apr 22, 2025 Common Stock 1K $12.80 Direct F3
holding AIRI Convertible Notes $1.52M Apr 22, 2025 Common Stock 102K $15.00 Direct F4, F5
holding AIRI Convertible Notes $1.03M Apr 22, 2025 Common Stock 110K $9.30 Direct F5
holding AIRI Convertible Notes $117K Apr 22, 2025 Common Stock 7.81K $15.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant pursuant to equity plan.
F2 Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
F3 Exercisable in full.
F4 Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes unpaid interest through December 31, 2020.
F5 Includes accrued interest on the Notes through December 31, 2020 and the shares that would be issued upon conversion for the interest accrued through December 31, 2020. Does not include shares to be issued upon conversion for interest accrued after December 31, 2020.