4//SEC Filing
TAGLICH MICHAEL N 4
Accession 0001213900-24-069654
CIK 0001009891other
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 4:13 PM ET
Size
22.4 KB
Accession
0001213900-24-069654
Insider Transaction Report
Form 4
TAGLICH MICHAEL N
Director10% Owner
Transactions
- Award
Stock Options
2024-08-13+10,000→ 10,000 totalExercise: $3.75Exp: 2029-08-31→ Common Stock (10,000 underlying)
Holdings
Convertible Notes
Exercise: $9.30From: 2019-01-15Exp: 2026-07-01→ Common Stock (110,323 underlying)- 23,995(indirect: See Note)
Common Stock
- 1,000
Stock Option
Exercise: $13.20Exp: 2027-12-31→ Common Stock (1,000 underlying) - 1,000
Stock Option
Exercise: $23.80Exp: 2026-12-31→ Common Stock (1,000 underlying) Convertible Notes
Exercise: $15.00From: 2018-09-30Exp: 2026-07-01→ Common Stock (7,812 underlying)- 1,000
Stock Options
Exercise: $3.50Exp: 2028-05-31→ Common Stock (1,000 underlying) Convertible Notes
Exercise: $15.00From: 2018-09-30Exp: 2026-07-01→ Common Stock (101,544 underlying)- 434,449
Common Stock
- 1,000
Stock Option
Exercise: $12.80Exp: 2025-12-31→ Common Stock (1,000 underlying) - 1,000
Stock Option
Exercise: $8.40Exp: 2027-04-30→ Common Stock (1,000 underlying) - 2,120
Stock Options
Exercise: $3.43Exp: 2028-06-30→ Common Stock (2,120 underlying) - (indirect: See Note)
Convertible Notes
Exercise: $15.00From: 2018-09-30Exp: 2026-07-01→ Common Stock (14,217 underlying) - (indirect: See Note)
Convertible Notes
Exercise: $9.30From: 2019-01-15Exp: 2026-07-01→ Common Stock (3,011 underlying)
Footnotes (7)
- [F1]Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
- [F2]Vests as to 2,500 shares on each of August 31, 2024, September 30, 2024, December 31, 2024 and March 31, 2025.
- [F3]Exercisable in full.
- [F4]Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes unpaid interest through December 31, 2020.
- [F5]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.
- [F6]Represents 6% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, 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.
- [F7]Represents 7% convertible notes issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, 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.
Documents
Issuer
AIR INDUSTRIES GROUP
CIK 0001009891
Entity typeother
Related Parties
1- filerCIK 0001024533
Filing Metadata
- Form type
- 4
- Filed
- Aug 14, 8:00 PM ET
- Accepted
- Aug 15, 4:13 PM ET
- Size
- 22.4 KB