SEC Form 4 · accession 0001193805-15-001419
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael N Taglich
Director
Period of report
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 3:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009891
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 24, 2015 | P | 500 | $8.15 | A | 352,497 | D | |
| Common StockF1 | holding | — | — | — | 45,980 | I | See Note | |
| Common StockF2 | holding | — | — | — | 12,746 | I | See Note |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to purchase) | $2.95 | Jul 11, 2011 | A | 3,000 | A | Jul 11, 2011 | Jul 11, 2016 | Common Stock | 3,000 | 3,000 | D |
| Stock Options (right to purchase) | $6.00 | Sep 10, 2012 | A | 3,000 | A | Sep 10, 2012 | Sep 10, 2017 | Common Stock | 3,000 | 6,000 | D |
| Stock Options (right to purchase) | $6.00 | Apr 23, 2013 | A | 750 | A | Apr 23, 2013 | Apr 23, 2018 | Common Stock | 750 | 6,750 | D |
| Stock Options (right to purchase) | $7.86 | Sep 30, 2013 | A | 750 | A | Sep 30, 2013 | Sep 30, 2018 | Common Stock | 750 | 7,500 | D |
| Stock Options (right to purchase) | $8.98 | Dec 31, 2013 | A | 750 | A | Dec 31, 2013 | Dec 31, 2018 | Common Stock | 750 | 8,250 | D |
| Stock Options (right to purchase) | $9.38 | Mar 31, 2014 | A | 750 | A | Mar 31, 2014 | Mar 31, 2019 | Common Stock | 750 | 9,000 | D |
| Warrants (1) (right to purchase)F3 | $6.30 | Jun 22, 2012 | A | 31,190 | A | Jun 22, 2012 | Jun 22, 2017 | Common Stock | 31,190 | 40,190 | I |
| Warrants (1) (right to purchase)F4 | $8.72 | Jan 1, 2014 | A | 10,000 | A | Apr 1, 2014 | Dec 31, 2019 | Common Stock | 10,000 | 50,190 | I |
| Stock Options (right to purchase) | $11.73 | May 16, 2014 | A | 750 | A | May 16, 2014 | May 15, 2019 | Common Stock | 750 | 50,940 | D |
| Stock Options (right to purchase) | $9.24 | Aug 21, 2014 | A | 750 | A | Aug 21, 2014 | Aug 20, 2019 | Common Stock | 750 | 51,690 | D |
| Stock Options (right to purchase) | $10.26 | Nov 24, 2014 | A | 1,750 | A | Nov 24, 2014 | Nov 23, 2019 | Common Stock | 1,750 | 53,440 | D |
| Stock Options (right to purchase) | $10.05 | Apr 6, 2015 | A | 750 | A | Apr 6, 2015 | Apr 5, 2020 | Common Stock | 750 | 54,190 | D |
| Stock Options (right to purchase) | $10.05 | Apr 6, 2015 | A | 750 | A | Jul 1, 2015 | Apr 5, 2020 | Common Stock | 750 | 54,940 | D |
| Stock Options (right to purchase) | $10.05 | Apr 6, 2015 | A | 750 | A | Oct 1, 2015 | Apr 5, 2020 | Common Stock | 750 | 55,690 | D |
| Stock Options (right to purchase) | $10.05 | Apr 6, 2015 | A | 750 | A | Jan 1, 2016 | Apr 5, 2020 | Common Stock | 750 | 56,440 | D |
Explanation of responses
- F1Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
- F2Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.
- F3Reporting Person's portion of a total 118,585 Placement Agent Warrants received by Taglich Brothers, Inc., which acted as placement agent for the sale of Issuer's common stock in June and July of 2012.
- F4Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, pursuant to Capital Markets Advisory Agreement.