AIR INDUSTRIES GROUP — Director's Dealing 2021

Aug 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2021-07-30

Reporting Person: RECCA MICHAEL E (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-30	Stock options	$1.22	A	125000	Acquired	2026-07-31	Common Stock (125000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options	$1.39	2026-03-31	Common Stock (75000)	75000	Direct
Stock options	$1.03	2025-03-31	Common Stock (100000)	100000	Direct
Stock options	$0.88	2024-01-31	Common Stock (90000)	90000	Direct
Stock options	$1.42	2024-07-24	Common Stock (50000)	50000	Direct

Footnotes

F1: Vests as to 41,667 shares on each of July 30, 2021 and July 31, 2022 and an additional 41,666 shares on July 31, 2023.

F2: Vests in equal annual installments of 25,000 shares commencing March 24, 2021.

F3: Vests as to 33,334 shares on March 25, 2020, and an additional 33,333 shares on each of March 25, 2021 and March 25, 2022.

F4: Vests in annual installments of 10,000 shares commencing July 24, 2018.