AIR INDUSTRIES GROUP — Director's Dealing 2019

Apr 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2019-04-04

Reporting Person: SCHROEDER ROBERT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-04	Common Stock	J	4442	$1.12	Acquired	92293	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-14	Stock Options (right to purchase)	$1.59	A	13000	Acquired	2023-05-31	Common Stock (13000)	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	3000	Acquired	2020-04-05	Common Stock (3000)	Direct
2016-06-02	Stock Options (right to purchase)	$4.64	A	3000	Acquired	2021-06-01	Common Stock (3000)	Direct
2018-01-02	Stock Options (right to purchase)	$1.69	A	3000	Acquired	2022-12-31	Common Stock (3000)	Direct
2019-02-13	Stock Options (right to purchase)	$1.28	A	10000	Acquired	2025-12-31	Common Stock (10000)	Direct
2014-07-28	Warrants (right to purchase)	$11.25	J	7580	Acquired	2019-05-28	Common Stock (7580)	Direct
2016-10-13	Warrants (right to purchase)	$6.15	J	8110	Acquired	2021-05-26	Common Stock (8110)	Direct
2017-03-15	Warrants (right to purchase)	$6.15	J	10500	Acquired	2021-07-31	Common Stock (10500)	Direct
2017-03-15	Warrants (right to purchase)	$3	J	11278	Acquired	2021-11-30	Common Stock (11278)	Direct
2017-03-15	Warrants (right to purchase)	$3	J	6450	Acquired	2021-11-30	Common Stock (6450)	Direct
2017-03-15	Warrants (right to purchase)	$4.45	J	5000	Acquired	2022-01-31	Common Stock (5000)	Direct
2017-03-15	Warrants (right to purchase)	$3.3	J	2913	Acquired	2022-01-31	Common Stock (2913)	Direct
2017-03-15	Warrants (right to purchase)	$3.78	J	2868	Acquired	2022-01-31	Common Stock (2868)	Direct
2017-03-21	Warrants (right to purchase)	$4	J	579	Acquired	2022-01-31	Common Stock (579)	Direct

Footnotes

F1: Represents shares issued in lieu of cash payment of directors' fees.

F2: Fully vested as of December 31, 2018.

F3: Fully vested as of 11/01/2016.

F4: Fully vested as of 01/01/2016.

F5: Vests as to 2,500 shares on March 31, 2019, and an additional 2,500 shares on each of June 30, 2019, September 31, 2019 and December 31, 2019.

F6: Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Vice President - Investment Banking.