Luciano M. Melluzzo - 25 Apr 2025 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Issuer symbol
AIRI
Transactions as of
25 Apr 2025
Net transactions value
-$43,440
Form type
4
Filing time
28 Apr 2025, 17:09:26 UTC
Previous filing
27 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Options Exercise +34,123 +162% 55,205 25 Apr 2025 Direct F1
transaction AIRI Common Stock Tax liability $43,440 -13,006 -24% $3.34 42,199 25 Apr 2025 Direct 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
transaction AIRI Restricted Stock Unit Options Exercise -34,123 -33% 68,245 25 Apr 2025 Common Stock 34,123 Direct F1, F3
holding AIRI Stock options 27,000 25 Apr 2025 Common Stock 27,000 $3.50 Direct F4
holding AIRI Stock options 48,000 25 Apr 2025 Common Stock 48,000 $3.43 Direct F5
holding AIRI Stock option 20,000 25 Apr 2025 Common Stock 20,000 $8.30 Direct F5
holding AIRI Stock option 18,000 25 Apr 2025 Common Stock 18,000 $12.20 Direct F5
holding AIRI Stock option 15,000 25 Apr 2025 Common stock 15,000 $13.90 Direct F5
* 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 Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
F3 This award was granted on August 26, 2024. 34,123 restricted stock units subject to the award vested on April 1, 2025. 34,123 are scheduled to vest on April 1, 2026 and 34,122 are scheduled to vest on April 1, 2027, assuming continued employment through the applicable vesting date.
F4 Vests in equal instalments of 9,000 shares on June 2, 2023, May 31, 2024 and May 31, 2025.
F5 Exercisable in full.