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AIR T INC Director's Dealing 2018

Dec 21, 2018

34421_dirs_2018-12-21_6ea88ac7-2247-4fcd-99e8-b03a4dbaf922.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2018-12-19

Reporting Person: Swenson Nicholas John (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-12-19 Common Stock P 222 $28.73 Acquired 33177 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $8.62 2022-08-30 Common Stock (2500) 2500 Direct

Footnotes

F1: The reported securities are owned directly by Groveland Capital, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Included in the reported securities are shares that were previously owned by Groveland Hedged Credit Fund LLC and subsequently transferred to Groveland Capital, LLC via transactions exempt from reporting under Rule 16a-13.