Filing Details
- Accession Number:
- 0001213900-19-000883
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-01-17 18:17:51
- Reporting Period:
- 2019-01-04
- Accepted Time:
- 2019-01-17 18:17:51
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1009891 | Air Industries Group | AIRI | Aircraft Parts & Auxiliary Equipment, Nec (3728) | 204458244 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1353439 | Robert Taglich | 790 New York Avenue, Suite 209 Huntington NY 11743 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-01-04 | 17,310 | $0.83 | 2,050,558 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options | Acquisiton | 2018-05-14 | 13,000 | $0.00 | 13,000 | $1.59 |
| Common Stock | Stock Options | Acquisiton | 2014-03-31 | 750 | $0.00 | 750 | $9.38 |
| Common Stock | Stock Options | Acquisiton | 2014-05-16 | 750 | $0.00 | 750 | $11.73 |
| Common Stock | Stock Options | Acquisiton | 2014-08-21 | 750 | $0.00 | 750 | $9.24 |
| Common Stock | Stock Options | Acquisiton | 2014-11-24 | 1,750 | $0.00 | 1,750 | $10.26 |
| Common Stock | Stock Options | Acquisiton | 2015-04-06 | 3,000 | $0.00 | 3,000 | $10.05 |
| Common Stock | Stock Options | Acquisiton | 2016-06-02 | 3,000 | $0.00 | 3,000 | $4.64 |
| Common Stock | Stock Options (right to purchase) | Acquisiton | 2018-01-02 | 3,000 | $0.00 | 3,000 | $1.69 |
| Common Stock | Convertible Notes | Acquisiton | 2018-09-30 | 0 | $650,000.00 | 433,333 | $1.50 |
| Common Stock | Convertible Notes | Acquisiton | 2019-01-15 | 0 | $1,000,000.00 | 1,075,268 | $0.93 |
| Common Stock | Convertible Notes | Acquisiton | 2018-09-30 | 0 | $382,000.00 | 254,666 | $1.50 |
| Common Stock | Convertible Notes | Acquisiton | 2019-01-15 | 0 | $80,000.00 | 86,021 | $0.93 |
| Common Stock | Warrants | Acquisiton | 2018-10-01 | 17,500 | $0.00 | 17,500 | $1.40 |
| Common Stock | Warrants | Acquisiton | 2016-08-19 | 8,307 | $0.00 | 8,307 | $5.00 |
| Common Stock | Warrants | Acquisiton | 2016-10-13 | 13,500 | $0.00 | 13,500 | $6.15 |
| Common Stock | Warrants | Acquisiton | 2016-10-13 | 15,925 | $0.00 | 15,925 | $6.15 |
| Common Stock | Warrants | Acquisiton | 2016-11-23 | 8,889 | $0.00 | 8,889 | $3.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,000 | 2023-05-31 | No | 4 | A | Direct | |
| 750 | 2014-03-31 | 2019-03-31 | No | 4 | A | Direct |
| 750 | 2014-05-16 | 2019-05-15 | No | 4 | A | Direct |
| 750 | 2014-08-21 | 2019-08-20 | No | 4 | A | Direct |
| 1,750 | 2014-11-24 | 2019-11-23 | No | 4 | A | Direct |
| 3,000 | 2020-04-05 | No | 4 | A | Direct | |
| 3,000 | 2021-06-01 | No | 4 | A | Direct | |
| 3,000 | 2018-01-02 | 2022-12-31 | No | 4 | A | Direct |
| 0 | 2018-09-30 | 2020-12-31 | No | 4 | J | Direct |
| 0 | 2019-01-15 | 2020-12-31 | No | 4 | P | Direct |
| 0 | 2018-09-30 | 2020-12-31 | No | 4 | J | Indirect |
| 0 | 2019-01-15 | 2020-12-31 | No | 4 | J | Indirect |
| 17,500 | 2018-10-01 | 2023-09-30 | No | 4 | J | Indirect |
| 8,307 | 2016-08-19 | 2021-07-31 | No | 4 | P | Direct |
| 13,500 | 2016-11-27 | 2021-05-26 | No | 4 | J | Direct |
| 15,925 | 2016-09-01 | 2021-07-31 | No | 4 | J | Direct |
| 8,889 | 2016-11-23 | 2021-11-30 | No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 44,760 | Indirect | See Note |
| Common Stock | 149,932 | Indirect | See Note |
| Common Stock | 17,990 | Indirect | See Note |
Footnotes
- Represent shares acquired for which Mr. Taglich is the custodian for his children under NY UGMA.
- Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.
- Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
- Fully vested as of 12/31/2018.
- Fully vested as of 11/01/2016.
- Fully vested as of 01/01/2016.
- Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes.
- Does not include shares issued upon conversion for accrued interest on the Notes.
- Represents 6% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to amendment to Issuer's 8% convertible notes originally issued in lieu of cash payment of commissions earned for acting as placement agent for the sale of Issuer's 8% convertible notes.
- Represents 7% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, issued in lieu of cash payment of commissions earned for acting as placement agent for the sale of Issuer's 7% convertible notes in January 2019.
- Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, for acting as placement agent for the sale of Issuer's shares of common stock in October 2018.
- Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
Billionaire Hedge Funds
