AIR INDUSTRIES GROUP — Director's Dealing 2016

Aug 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2016-08-19

Reporting Person: BUONANNO DAVID (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-29	Common Stock	M	3000	$2.95	Acquired	4600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-10	Stock Options (right to purchase)	$6	A	3000	Acquired	2017-09-10	Common Stock (3000)	Direct
2013-04-23	Stock Options (right to purchase)	$6	A	750	Acquired	2018-04-23	Common Stock (750)	Direct
2013-09-30	Stock Options (right to purchase)	$7.86	A	750	Acquired	2018-09-30	Common Stock (750)	Direct
2013-12-31	Stock Options (right to purchase)	$8.98	A	750	Acquired	2018-12-31	Common Stock (750)	Direct
2014-03-31	Stock Options (right to purchase)	$9.38	A	750	Acquired	2019-03-31	Common Stock (750)	Direct
2014-05-16	Stock Options (right to purchase)	$11.73	A	750	Acquired	2019-05-15	Common Stock (750)	Direct
2014-08-21	Stock Options (right to purchase)	$9.24	A	750	Acquired	2019-08-20	Common Stock (750)	Direct
2014-11-24	Stock Options (right to purchase)	$10.26	A	1750	Acquired	2019-11-23	Common Stock (1750)	Direct
2015-04-06	Stock Options (right to purchase)	$10.05	A	750	Acquired	2020-04-05	Common Stock (750)	Direct
2015-04-06	Stock Options (right to purchase)	$10.05	A	750	Acquired	2020-04-05	Common Stock (750)	Direct
2015-04-06	Stock Options (right to purchase)	$10.05	A	750	Acquired	2020-04-05	Common Stock (750)	Direct
2015-04-06	Stock Options (right to purchase)	$10.05	A	750	Acquired	2020-04-05	Common Stock (750)	Direct
2016-06-02	Stock Options (right to purchase)	$4.64	A	750	Acquired	2021-06-01	Common Stock (750)	Direct
2016-06-02	Stock Options (right to purchase)	$4.64	A	750	Acquired	2021-06-01	Common Stock (750)	Direct
2016-06-02	Stock Options (right to purchase)	$4.64	A	750	Acquired	2021-06-01	Common Stock (750)	Direct
2016-06-02	Stock Options (right to purchase)	$4.64	A	750	Acquired	2021-06-01	Common Stock (750)	Direct
2016-08-19	Convertible Notes	$10.00	P	25000	Acquired	2017-12-31	Common Stock (5081)	Direct
2016-08-19	Series A Preferred Stock	$4.92	P	2500	Acquired		Common Stock (5081)	Direct
2016-08-19	Warrants	$5.00	P	1016	Acquired	2021-07-31	Common Stock (1016)	Direct

Footnotes

F1: Automatically converts into 2,500 shares of Series A Preferred Stock upon filing of certificate of amendment to articles of incorporation increasing the number of authorized shares of preferred stock available for conversion (the "Certificate of Amendment").

F2: Upon filing of Certificate of Amendment.

F3: No expiration date.