AIR INDUSTRIES GROUP — Director's Dealing 2008

Apr 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP, INC. (AIRI)
CIK: 0001009891
Period of Report: 2008-04-11

Reporting Person: BROWN JAMES A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-11	Director Stock Option (right to buy)	$0.225	A	100000	Acquired	2013-04-11	Common Stock (100000)	Direct
2008-04-01	Series B Convertible Preferred Stock	$0.276	A	5	Acquired		Common Stock (180)	Direct

Footnotes

F1: Represents shares of Series B Convertible Preferred Stock received in lieu of cash dividends.

F2: Not Applicable.