SEC Form 4 · accession 0001213900-19-002581
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Brand
Director
Period of report
Feb 13, 2019
Accepted (ET)
Feb 14, 2019 · 4:29 pm EST
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 | — | — | — | 46,504 | D |
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 | $1.69 | Jan 2, 2018 | A | 3,000 | A | Jan 2, 2018 | Dec 31, 2022 | Common Stock | 3,000 | 3,000 | D |
| Stock Options (right to purchase)F1 | $1.59 | May 14, 2018 | A | 13,000 | A | May 14, 2018 | May 31, 2023 | Common Stock | 13,000 | 13,000 | D |
| Stock Options (right to purchase)F2 | $1.28 | Mar 31, 2019 | A | 10,000 | A | Mar 31, 2019 | Dec 31, 2025 | Common Stock | 10,000 | 10,000 | D |
| Stock Options (right to purchase) | $9.38 | Mar 31, 2014 | A | 750 | A | Mar 31, 2014 | Mar 31, 2019 | Common Stock | 750 | 750 | D |
| Stock Options (right to purchase) | $11.73 | May 16, 2014 | A | 750 | A | May 16, 2014 | May 15, 2019 | Common Stock | 750 | 750 | D |
| Stock Options (right to purchase) | $9.24 | Aug 21, 2014 | A | 750 | A | Aug 21, 2014 | Aug 20, 2019 | Common Stock | 750 | 750 | 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 | 1,750 | D |
| Stock Options (right to purchase) | $10.05 | Apr 6, 2015 | A | 3,000 | A | Apr 6, 2015 | Apr 5, 2020 | Common Stock | 3,000 | 3,000 | D |
| Stock Options (right to purchase) | $4.64 | Jun 2, 2016 | A | 3,000 | A | Jun 2, 2016 | Jun 1, 2021 | Common Stock | 3,000 | 3,000 | D |
| Stock Options (right to purchase) | $1.42 | Jul 24, 2018 | A | 50,000 | A | Jul 24, 2018 | Jul 24, 2024 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Fully vested as of December 31, 2018.
- F2Vests as to 2,500 shares on March 31, 2019, and an additional 2,500 shares on each of June 30, 2019, September 31, 2019 and December 31, 2019.