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AIR INDUSTRIES GROUP Director's Dealing 2017

May 16, 2017

35084_dirs_2017-05-16_8601e863-8637-4ede-b59a-1dda1a081023.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: 2017-05-12

Reporting Person: TAGLICH ROBERT (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-12-22 Warrants $3 P 15029 Acquired 2021-11-30 Common Stock (15029) Direct
2017-02-07 Warrants $3.71 P 19230 Acquired 2022-01-31 Common Stock (19230) Direct
2017-03-15 Warrants $3.3 P 7692 Acquired 2022-01-31 Common Stock (7692) Direct
2017-03-15 Warrants $3 J 15344 Acquired 2021-11-30 Common Stock (15344) Direct
2017-03-15 Warrants $3 J 12540 Acquired 2021-11-30 Common Stock (12540) Direct
2017-03-15 Warrants $4.45 J 7500 Acquired 2022-01-31 Common Stock (7500) Direct
2017-03-15 Warrants $3.3 J 4374 Acquired 2022-01-31 Common Stock (4374) Direct
2017-03-15 Warrants $3.78 J 4306 Acquired 2022-01-31 Common Stock (4306) Direct
2017-03-21 Warrants $4 J 869 Acquired 2022-01-31 Common Stock (869) Direct
2017-05-12 Warrants $2.49 P 93279 Acquired 2022-05-12 Common Stock (93279) Direct
2016-08-19 Warrants $5 P 2436 Acquired 2021-07-31 Common Stock (2436) Indirect
2014-01-01 Warrants $8.72 A 10000 Acquired 2019-12-31 Common Stock (10000) Indirect
2017-03-15 Warrants $3.3 J 3416 Acquired 2022-01-31 Common Stock (3416) Indirect
2017-03-15 Warrants $3.78 J 3354 Acquired 2022-01-31 Common Stock (3354) Indirect
2017-03-21 Warrants $4 J 615 Acquired 2022-01-31 Common Stock (615) Indirect

Footnotes

F1: Custodian for children under NY UGMA.

F2: Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director.

F3: Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to Capital Markets Advisory Agreement.

F4: Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, which acted as placement agent for the sale of Issuer's 2019 Notes in March 2017, in lieu of cash payment of commissions.