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AIR INDUSTRIES GROUP — Director's Dealing 2021
Apr 9, 2021
35084_dirs_2021-04-09_66ddf6da-8407-474b-ad9e-28ae427cdf7d.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: 2021-03-24
Reporting Person: RECCA MICHAEL E (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-24 | Stock options | $1.39 | A | 75000 | Acquired | 2026-03-31 | Common Stock (75000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 |
| Stock options | $10.31 | 2021-05-01 | Common Stock (50000) | 50000 | Direct |
Footnotes
F1: Vests in equal annual installments of 25,000 shares commencing March 24, 2021.
F2: 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.
F3: Vests in annual installments of 10,000 shares commencing July 24, 2018.
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