FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
OMB APPROVAL
|
Estimated average burden hours per response... | 0.5 |
|
|
(Print or Type Responses)
1. Name and Address of Reporting Person *
|
TAGLICH ROBERT |
|
2. Issuer Name and Ticker or Trading Symbol AIR INDUSTRIES GROUP [AIRI]
|
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director
|
__X__ 10% Owner
|
_____ Officer (give title below)
|
_____ Other (specify below)
|
|
|
790 NEW YORK AVENUE, SUITE 209 |
3. Date of Earliest Transaction (Month/Day/Year) 01/07/2020 |
HUNTINGTON, NY 11743 |
4. If Amendment, Date Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
|
1.Title of Security (Instr. 3)
|
2. Transaction Date (Month/Day/Year)
|
2A. Deemed Execution Date, if any (Month/Day/Year)
|
3. Transaction Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date (Month/Day/Year)
|
3A. Deemed Execution Date, if any (Month/Day/Year)
|
4. Transaction Code (Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
|
6. Date Exercisable and Expiration Date (Month/Day/Year)
|
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
|
8. Price of Derivative Security (Instr. 5)
|
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Warrants |
$3 |
|
|
|
|
|
| 12/22/2016 | 11/30/2021 | Common Stock | 15,029 |
| 23,918 | D |
|
Warrants |
$3.71 |
|
|
|
|
|
| 02/07/2017 | 01/31/2022 | Common Stock | 19,230 |
| 19,230 | D |
|
Warrants |
$3.30 |
|
|
|
|
|
| 03/08/2017 | 01/31/2022 | Common Stock | 7,692 |
| 7,692 | D |
|
Warrants (2) |
$3 |
|
|
|
|
|
| 11/22/2016 | 11/30/2021 | Common Stock | 15,344 |
| 39,262 | D |
|
Warrants (2) |
$3 |
|
|
|
|
|
| 12/22/2016 | 11/30/2021 | Common Stock | 12,540 |
| 51,802 | D |
|
Warrants (2) |
$4.45 |
|
|
|
|
|
| 02/17/2017 | 01/31/2022 | Common Stock | 7,500 |
| 7,500 | D |
|
Warrants (2) |
$3.30 |
|
|
|
|
|
| 03/08/2017 | 01/31/2022 | Common Stock | 4,374 |
| 12,542 | D |
|
Warrants (2) |
$3.78 |
|
|
|
|
|
| 03/15/2017 | 01/31/2022 | Common Stock | 4,306 |
| 4,306 | D |
|
Warrants (2) |
$4 |
|
|
|
|
|
| 03/21/2017 | 01/31/2022 | Common Stock | 869 |
| 869 | D |
|
Warrants |
$1.50 (3) |
|
|
|
|
|
| 05/12/2017 | 05/12/2022 | Common Stock | 98,590 (4) |
| 98,590 (4) | D |
|
Warrants |
$1.50 |
|
|
|
|
|
| 11/29/2017 | 11/30/2022 | Common Stock | 24,000 |
| 24,000 | D |
|
Warrants |
$5 |
|
|
|
|
|
| 08/19/2016 | 07/31/2021 | Common Stock | 2,436 |
| 2,436 | I | See Note (1) |
Warrants |
$3.30 |
|
|
|
|
|
| 03/08/2017 | 01/31/2022 | Common Stock | 3,416 |
| 3,416 | I | See Note (5) |
Warrants |
$3.78 |
|
|
|
|
|
| 03/15/2017 | 01/31/2022 | Common Stock | 3,354 |
| 3,354 | I | See Note (5) |
Warrants |
$4 |
|
|
|
|
|
| 03/21/2017 | 01/31/2022 | Common Stock | 615 |
| 615 | I | See Note (5) |
Reporting Owners
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
TAGLICH ROBERT 790 NEW YORK AVENUE, SUITE 209 HUNTINGTON, NY 11743 |
X
|
X
|
|
|
Signatures
/s/ Robert F. Taglich | |
01/09/2020 |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Custodian for children under NY UGMA. |
(2) | Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director. |
(3) | Exercise 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. |
(4) | Includes warrants previously owned by a partnership of which Reporting Person was a General Partner, received upon liquidation at the end of 2018. |
(5) | Represents 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. |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
|