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: TAGLICH ROBERT (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	369998	Direct
Common Stock	666	Indirect
Common Stock	30070	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Placement Agent Warrants	$6.30	2017-07-11	Common Stock (31190)		Indirect
Stock Options	$2.95	2016-07-01	Common Stock (3000)		Direct
Stock Options	$6.00	2017-09-01	Common Stock (3000)		Direct

Footnotes

F1: Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.

F2: Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.

F3: Reporting Person's portion of a total 118,585 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.

F4: Options granted pursuant to Air Industries Group, Inc.'s 2010 Equity Incentive Plan.