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AIR T INC Director's Dealing 2020

Mar 24, 2020

34421_dirs_2020-03-24_afad1b86-0b39-4e34-9954-29160aee792d.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2020-03-23

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-23 Common Stock P 2862 $11.95 Acquired 883557 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 94938 Indirect

Holdings (Derivative)

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

Footnotes

F1: This Amended Form 4 is being filed to correct the purchase transaction reported on a Form 4 filed on March 23, 2020. The purchase of shares was incorrectly reported as having been purchased by Glenhurst Co.. The purchase was made by AO Partners I, LP.

F2: The reported securities are owned directly by AO Partners I. L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I. L.P., and Nicholas J. Swenson as Managing Member of AO Partners, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: The reported securities are owned directly by Glenhurst Co., a Minnesota corporation, wholly owned by Nicholas J. Swenson.