AIR INDUSTRIES GROUP — Director's Dealing 2021

Apr 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2021-03-24

Reporting Person: Melluzzo Luciano M (President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-24	Stock options	$1.39	A	150000	Acquired	2026-03-31	Common stock (150000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	90000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options	$1.03	2025-03-31	Common stock (200000)	200000	Direct
Stock options	$0.88	2024-01-31	Common Stock (200000)	200000	Direct
Stock options	$1.5	2024-09-30	Common stock (270000)	270000	Direct

Footnotes

F1: Vests in equal annual installments of 50,000 shares commencing March 24, 2021.

F2: Vests as to 66,667 shares on March 25, 2020 and March 25, 2021 and an additional 66,666 shares on March 25, 2022.