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AIR INDUSTRIES GROUP Director's Dealing 2016

Jun 6, 2016

35084_dirs_2016-06-06_7bcbd6e1-c5e2-4631-b5a2-09f1c123e752.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2016-06-02

Reporting Person: TAGLICH MICHAEL N (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-24 Common Stock P 500 $8.15 Acquired 352497 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-07-11 Stock Options (right to purchase) $2.95 A 3000 Acquired 2016-07-11 Common Stock (3000) Direct
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
2012-06-22 Warrants (1) (right to purchase) $6.3 A 31190 Acquired 2017-06-22 Common Stock (31190) Indirect
2014-01-01 Warrants (1) (right to purchase) $8.72 A 10000 Acquired 2019-12-31 Common Stock (10000) Indirect
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
2016-05-26 Series A Convertible Preferred Stock $4.92 P 110000 Acquired Common Stock (223575) Direct
2016-05-26 Warrants (5) (right to purchase) $6.15 P 50996 Acquired 2021-05-26 Common Stock (50996) Indirect
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

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 45980 Indirect
Common Stock 12746 Indirect

Footnotes

F1: Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.

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: Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, pursuant to Capital Markets Advisory Agreement.

F5: Placement Agent Warrants received by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President , which acted as placement agent for the sale of Issuer's Series A Convertible Preferred Stock in May 2016.

F6: There is no expiration date.