SEC Form 4 · accession 0001193805-17-001387
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Recca
Officer — Chief Financial Officer
Period of report
Jul 24, 2017
Accepted (ET)
Aug 4, 2017 · 11:39 am 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 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionsF1 | $1.42 | Jul 24, 2017 | A | 50,000 | A | Jul 24, 2018 | Jul 24, 2024 | Common Stock | 50,000 | 50,000 | D |
| Stock optionsF2 | $10.31 | Oct 1, 2016 | A | 50,000 | A | Apr 20, 2015 | May 1, 2021 | Common Stock | 50,000 | 50,000 | D |
| Stock options | $6.60 | Oct 1, 2013 | A | 56,250 | A | Oct 1, 2013 | Aug 31, 2020 | Common Stock | 56,250 | 56,250 | D |
| Stock options | $4.50 | Jul 29, 2010 | A | 23,026 | A | Jul 29, 2010 | Jul 28, 2018 | Common Stock | 23,026 | 23,026 | D |
Explanation of responses
- F1Vests in annual installments of 10,000 shares commecing July 24, 2018.
- F2Vests in annual installments of 12,500 shares commencing May 1, 2015.