Filing Details

Accession Number:
0001213900-24-079466
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-17 16:21:45
Reporting Period:
2024-09-13
Accepted Time:
2024-09-17 16:21:45
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 C/O Taglich Brothers, Inc.
37 Main Street
Cold Spring Harbor NY 11724
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 Disposition 2024-09-13 7,015 $7.00 16,980 No 4 S Indirect See Note
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Note
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 266,343 Direct
Common Stock 4,476 Indirect See Note
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $3.75 2029-08-31 10,000 10,000 Direct
Common Stock Stock Options $3.50 2028-05-31 1,000 1,000 Direct
Common Stock Stock Options $3.43 2028-06-30 2,120 2,120 Direct
Common Stock Stock Option $8.40 2027-04-30 1,000 1,000 Direct
Common Stock Stock Option $13.20 2027-12-31 1,000 1,000 Direct
Common Stock Stock Option $23.80 2026-12-31 1,000 1,000 Direct
Common Stock Stock Option $12.80 2025-12-31 1,000 1,000 Direct
Common Stock Convertible Notes $15.00 2018-09-30 2026-07-01 50,772 0 Direct
Common Stock Convertible Notes $9.30 2019-01-15 2026-07-01 110,323 0 Direct
Common Stock Convertible Notes $15.00 2018-09-30 2026-07-01 14,217 0 Indirect
Common Stock Convertible Notes $15.00 2018-09-30 2026-07-01 7,812 0 Direct
Common Stock Convertible Notes $9.30 2019-01-15 2026-07-01 3,011 0 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2029-08-31 10,000 10,000 Direct
2028-05-31 1,000 1,000 Direct
2028-06-30 2,120 2,120 Direct
2027-04-30 1,000 1,000 Direct
2027-12-31 1,000 1,000 Direct
2026-12-31 1,000 1,000 Direct
2025-12-31 1,000 1,000 Direct
2026-07-01 50,772 0 Direct
2026-07-01 110,323 0 Direct
2026-07-01 14,217 0 Indirect
2026-07-01 7,812 0 Direct
2026-07-01 3,011 0 Indirect
Footnotes
  1. Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
  2. Represents shares acquired for which Mr. Taglich is the custodian for his children under NY UGMA.
  3. Vests as to 2,500 shares on each of August 31, 2024, September 30, 2024, December 31, 2024 and March 31, 2025.
  4. Exercisable in full.
  5. Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes accrued interest through December 31, 2020.
  6. Includes accrued interest on the Notes through December 31, 2020 and the shares that would be issued upon conversion for the interest accrued through December 31, 2020. Does not include shares to be issued upon conversion for interest accrued after December 31, 2020.
  7. 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.
  8. 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.