SEC Form 4 · accession 0001193805-17-000632
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Taglich
Director
Period of report
Nov 23, 2016
Accepted (ET)
Apr 12, 2017 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009891
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $3.71 | Feb 7, 2017 | P | 19,230 | A | Feb 7, 2017 | Jan 31, 2022 | Common Stock | 19,230 | 19,230 | D |
| Warrants | $3.30 | Mar 15, 2017 | P | 7,692 | A | Mar 8, 2017 | Jan 31, 2022 | Common Stock | 7,692 | 7,692 | D |
| Warrants | $3.00 | Mar 15, 2017 | J | 15,344 | A | Nov 22, 2016 | Nov 30, 2021 | Common Stock | 15,344 | 39,262 | D |
| Warrants | $3.00 | Mar 15, 2017 | J | 12,540 | A | Dec 22, 2016 | Nov 30, 2021 | Common Stock | 12,540 | 51,802 | D |
| Warrants | $4.45 | Mar 15, 2017 | J | 7,500 | A | Feb 17, 2017 | Jan 31, 2022 | Common Stock | 7,500 | 7,500 | D |
| Warrants | $3.30 | Mar 15, 2017 | J | 4,374 | A | Mar 8, 2017 | Jan 31, 2022 | Common Stock | 4,374 | 12,542 | D |
| Warrants | $3.78 | Mar 15, 2017 | J | 4,306 | A | Mar 15, 2017 | Jan 31, 2022 | Common Stock | 4,306 | 4,306 | D |
| Warrants | $4.00 | Mar 21, 2017 | J | 869 | A | Mar 21, 2017 | Jan 31, 2022 | Common Stock | 869 | 869 | D |
| WarrantsF1 | $5.00 | Aug 19, 2016 | P | 2,436 | A | Aug 19, 2016 | Jul 31, 2021 | Common Stock | 2,436 | 2,436 | I |
| WarrantsF3 | $8.72 | Jan 1, 2014 | A | 10,000 | A | Apr 1, 2014 | Dec 31, 2019 | Common Stock | 10,000 | 10,000 | I |
| WarrantsF4 | $3.30 | Mar 15, 2017 | J | 3,416 | A | Mar 8, 2017 | Jan 31, 2022 | Common Stock | 3,416 | 3,416 | I |
| WarrantsF4 | $3.78 | Mar 15, 2017 | J | 3,354 | A | Mar 15, 2017 | Jan 31, 2022 | Common Stock | 3,354 | 3,354 | I |
| WarrantsF4 | $4.00 | Mar 21, 2017 | J | 615 | A | Mar 21, 2017 | Jan 31, 2022 | Common Stock | 615 | 615 | I |
Explanation of responses
- F1Custodian for children under NY UGMA.
- F2Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
- F3Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to Capital Markets Advisory Agreement.
- F4Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, which acted as placement agent for the sale of Issuer's 2019 Notes in March 2017, in lieu of cash payment of commissions.