AIR INDUSTRIES GROUP — Director's Dealing 2012

Dec 1, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP, INC. (AIRI.PK)
CIK: 0001009891
Period of Report: 2012-11-30

Reporting Person: SCHROEDER ROBERT C (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value	50554	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options	$2.95	2016-07-01	Common Stock (3000)		Direct
Stock options	$6.00	2017-09-01	Common Stock (3000)		Direct
Placement agents warrants	$6.30	2017-07-11	Common Stock (20005)		Direct

Footnotes

F1: Options granted pursuant to Air Industries Group Inc.'s 2010 Equity Incentive Plan.

F2: Reporting Person's portion of a total 18,585 Placement Agent Warrants received by Taglich Brothers, Inc., which acted as placement agent for the sale of Issuer's common stock in June and July of 2012.