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AIR INDUSTRIES GROUP Director's Dealing 2007

Aug 31, 2007

35084_dirs_2007-08-31_d49b43a8-04e5-425a-9393-814cbf38d34b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP, INC. (AIRI)
CIK: 0001009891
Period of Report: 2007-08-29

Reporting Person: BUONANNO DAVID (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-29 Director Stock Option (right to buy) $0.28 A 100000 Acquired 2014-08-01 Common Stock (100000) Direct

Footnotes

F1: The reporting person received a grant of options to purchase 100,000 shares on August 29, 2007. A third of those options
became exercisable immediately, another third become exercisable on June 26, 2008, and the remaining third become
eligible on June 26, 2009, contingent upon continued service to the company.