RAYMOND E. CABILLOT - 17 Aug 2021 Form 4 Insider Report for AIR T INC (AIRT)

Role: Director
Signature: /s/ Raymond E. Cabillot
Issuer symbol: AIRT
Transactions as of: 17 Aug 2021
Transactions value $: $88,386
Form type: 4
Filing time: 18 Aug 2021, 19:49:00 UTC
Next filing: 01 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIRT	Common Stock	Purchase	$33,946	+1,000		$33.95	1,000	17 Aug 2021	by Car of MN LLC	F1
transaction	AIRT	Common Stock	Purchase	$54,439	+1,646	+1.65%	$33.07	2,646	17 Aug 2021	by Car of MN LLC	F2
holding	AIRT	Common Stock						395,848	17 Aug 2021	By Farnam Street Partners, L.P.
holding	AIRT	Common Stock						54,035	17 Aug 2021	By FS Special Opportunities I, LP
holding	AIRT	Common Stock						7,500	17 Aug 2021	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The prices actually received ranged from $33.00 to $24.00. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2	The price reported in Column 4 is a weighted average price. The prices actually received ranged from $32.64 to $33.50. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.

Content

The price reported in Column 4 is a weighted average price. The prices actually received ranged from $33.00 to $24.00. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.

The price reported in Column 4 is a weighted average price. The prices actually received ranged from $32.64 to $33.50. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.