SEC Form 4 · accession 0001213900-19-002635
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert Taglich
Director · 10% Owner
Period of report
Feb 13, 2019
Accepted (ET)
Feb 14, 2019 · 5:34 pm EST
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 | $3.00 | Dec 22, 2016 | P | 15,029 | A | Dec 22, 2016 | Nov 30, 2021 | Common Stock | 15,029 | 23,918 | D |
| 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 8, 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 |
| WarrantsF3 | $1.50 | May 12, 2017 | P | 93,279 | A | May 12, 2017 | May 12, 2022 | Common Stock | 93,279 | 93,279 | D |
| Warrants | $1.50 | Nov 29, 2017 | P | 24,000 | A | Nov 29, 2017 | Nov 30, 2022 | Common Stock | 24,000 | 24,000 | D |
| WarrantsF1 | $5.00 | Aug 19, 2016 | P | 2,436 | A | Aug 19, 2016 | Jul 31, 2021 | Common Stock | 2,436 | 2,436 | I |
| WarrantsF4 | $8.72 | Jan 1, 2014 | A | 10,000 | A | Apr 1, 2014 | Dec 31, 2019 | Common Stock | 10,000 | 10,000 | I |
| WarrantsF5 | $3.30 | Mar 8, 2017 | J | 3,416 | A | Mar 8, 2017 | Jan 31, 2022 | Common Stock | 3,416 | 3,416 | I |
| WarrantsF5 | $3.78 | Mar 15, 2017 | J | 3,354 | A | Mar 15, 2017 | Jan 31, 2022 | Common Stock | 3,354 | 3,354 | I |
| WarrantsF5 | $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.
- F3Exercise price was reduced from $2.49 to $1.50 per share, the public offering price of the Issuer's common stock in the Issuer's public offering which closed on July 12, 2017, pursuant to the terms of the warrant.
- F4Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to Capital Markets Advisory Agreement.
- F5Represents 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 8% convertible notes, in lieu of cash payment of commissions.