AIR INDUSTRIES GROUP — Director's Dealing 2022

Apr 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2022-04-11

Reporting Person: RECCA MICHAEL E (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-11	Stock Options	$0.83	A	100000	Acquired	2027-03-31	Common Stock (100000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$1.22	2026-07-31	Common Stock (125000)	100000	Direct
Stock Options	$1.39	2026-03-31	Common Stock (75000)	100000	Direct
Stock Options	$1.03	2025-03-31	Common Stock (100000)	100000	Direct
Stock Options	$0.88	2024-01-31	Common Stock (90000)	100000	Direct
Stock Options	$1.42	2024-07-24	Common Stock (50000)	100000	Direct

Footnotes

F1: Vests as to 33,333 shares on each of April 12, 2022 and March 31, 2023, and 33,334 shares on March 31, 2024.

F2: Vests as to 41,667 shares on July 30, 2021 and July 31, 2022 and 41,666 shares on July 31, 2023.

F3: Vests in equal instalments of 25,000 shares commencing March 24, 2021.

F4: Vested as to 33,334 shares on March 25, 2020 and 33,333 shares on each of March 25, 2021 and 2022.

F5: Vests in annual instalments of 10,000 shares commencing July 24, 2018.