AIR INDUSTRIES GROUP — Director's Dealing 2020

Aug 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2020-07-15

Reporting Person: PORCELAIN MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-15	Common Stock	J	9535	$1.24	Acquired	95733	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to purchase)	$1.69	2022-12-31	Common Stock (3000)	3000	Direct
Stock Options (right to purchase)	$1.36	2023-01-31	Common Stock (10000)	10000	Direct
Stock Options (right to purchase)	$1.59	2023-05-31	Common Stock (13000)	13000	Direct
Stock Options (right to purchase)	$1.28	2025-12-31	Common Stock (10000)	10000	Direct
Stock Options (right to purchase)	$2.38	2026-12-31	Common Stock (10000)	10000	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 December 31, 2019.

F4: Vests as to 2,500 shares on March 31, 2020, and an additional 2,500 shares on each of June 30, 2020, September 30, 2020 and December 31, 2020.