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AIR INDUSTRIES GROUP — Director's Dealing 2021
Jan 6, 2021
35084_dirs_2021-01-06_29279d15-4f2f-46af-a5a0-7113de4e54f3.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: 2021-01-04
Reporting Person: TAGLICH ROBERT (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Stock | J | 12857 | $1.23 | Acquired | 2243162 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 239946 | Indirect |
| Common Stock | 44760 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $2.38 | 2026-12-31 | Common Stock (10000) | 10000 | Direct |
| Stock Options | $1.28 | 2025-12-31 | Common Stock (10000) | 10000 | Direct |
| Stock Options | $1.59 | 2023-05-31 | Common Stock (13000) | 13000 | Direct |
| Stock Options | $4.64 | 2021-06-01 | Common Stock (3000) | 3000 | Direct |
| Stock Options (right to purchase) | $1.69 | 2022-12-31 | Common Stock (3000) | 3000 | Direct |
| Convertible Notes | $1.5 | 2020-12-31 | Common Stock (433333) | Direct | |
| Convertible Notes | $0.93 | 2020-12-31 | Common Stock (1103225) | Direct | |
| Convertible Notes | $1.5 | 2020-12-31 | Common Stock (254666) | Indirect | |
| Convertible Notes | $0.93 | 2020-12-31 | Common Stock (30107) | Indirect | |
| Warrants | $1.4 | 2023-09-30 | Common Stock (17500) | 17500 | Indirect |
| Warrants | $5 | 2021-07-31 | Common Stock (8307) | 8307 | Direct |
| Warrants | $6.15 | 2021-05-26 | Common Stock (13500) | 13500 | Direct |
| Warrants | $6.15 | 2021-07-31 | Common Stock (15925) | 15925 | Direct |
| Warrants | $3 | 2021-11-30 | Common Stock (8889) | 8889 | Direct |
Footnotes
F1: Shares received in lieu of cash payment of director's fees.
F2: Represent shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
F3: Represents shares acquired for which Mr. Taglich is the custodian for his children under NY UGMA.
F4: Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes.
F5: Does not include shares issued upon conversion for accrued interest on the Notes.
F6: Represents 6% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to amendment to Issuer's 8% convertible notes originally issued in lieu of cash payment of commissions earned for acting as placement agent for the sale of Issuer's 8% convertible notes.
F7: Represents 7% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, issued in lieu of cash payment of commissions earned for acting as placement agent for the sale of Issuer's 7% convertible notes in January 2019.
F8: Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, for acting as placement agent for the sale of Issuer's shares of common stock in October 2018.
F9: Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director.