Melluzzo Luciano M 4
4 · AIR INDUSTRIES GROUP · Filed Apr 28, 2025
Insider Transaction Report
Form 4
Melluzzo Luciano M
President
Transactions
- Tax Payment
Common Stock
2025-04-25$3.34/sh−13,006$43,440→ 42,199 total - Exercise/Conversion
Common Stock
2025-04-25+34,123→ 55,205 total - Exercise/Conversion
Restricted Stock Unit
2025-04-25−34,123→ 68,245 total→ Common Stock (34,123 underlying)
Holdings
- 15,000
Stock option
Exercise: $13.90Exp: 2026-03-31→ Common stock (15,000 underlying) - 27,000
Stock options
Exercise: $3.50Exp: 2028-05-31→ Common Stock (27,000 underlying) - 18,000
Stock option
Exercise: $12.20Exp: 2026-07-31→ Common Stock (18,000 underlying) - 48,000
Stock options
Exercise: $3.43Exp: 2028-06-30→ Common Stock (48,000 underlying) - 20,000
Stock option
Exercise: $8.30Exp: 2027-03-31→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
- [F3]This award was granted on August 26, 2024. 34,123 restricted stock units subject to the award vested on April 1, 2025. 34,123 are scheduled to vest on April 1, 2026 and 34,122 are scheduled to vest on April 1, 2027, assuming continued employment through the applicable vesting date.
- [F4]Vests in equal instalments of 9,000 shares on June 2, 2023, May 31, 2024 and May 31, 2025.
- [F5]Exercisable in full.