0001213900-20-009088.txt : 20200413
0001213900-20-009088.hdr.sgml : 20200413
20200413174834
ACCESSION NUMBER: 0001213900-20-009088
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200413
FILED AS OF DATE: 20200413
DATE AS OF CHANGE: 20200413
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TAGLICH MICHAEL N
CENTRAL INDEX KEY: 0001024533
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35927
FILM NUMBER: 20789527
MAIL ADDRESS:
STREET 1: TAGLICH BROTHERS INC
STREET 2: 1370 AVENUE OF THE AMERICAS --31ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 6317254791
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AIR INDUSTRIES GROUP
CENTRAL INDEX KEY: 0001009891
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728]
IRS NUMBER: 204458244
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1460 FIFTH AVENUE
CITY: BAY SHORE
STATE: NY
ZIP: 11706
BUSINESS PHONE: 631-881-4920
MAIL ADDRESS:
STREET 1: 1460 FIFTH AVENUE
CITY: BAY SHORE
STATE: NY
ZIP: 11706
FORMER COMPANY:
FORMER CONFORMED NAME: AIR INDUSTRIES GROUP, INC.
DATE OF NAME CHANGE: 20070702
FORMER COMPANY:
FORMER CONFORMED NAME: Gales Industries Inc
DATE OF NAME CHANGE: 20060410
FORMER COMPANY:
FORMER CONFORMED NAME: Ashlin Development Corp
DATE OF NAME CHANGE: 20050127
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0306
4
2020-04-13
0
0001009891
AIR INDUSTRIES GROUP
AIRI
0001024533
TAGLICH MICHAEL N
C/O TAGLICH BROTHERS, INC.
790 NEW YORK AVENUE, SUITE 209
HUNTINGTON
NY
11743
1
0
1
0
Common Stock
2020-04-13
4
J
0
14779
1.07
A
3839589
D
Common Stock
233023
I
See Note
Stock Options (right to purchase)
2.38
2020-03-31
2026-12-31
Common Stock
10000
10000
D
Stock Options
1.28
2025-12-31
Common Stock
10000
10000
D
Stock Options
1.59
2018-05-14
2023-05-31
Common Stock
13000
13000
D
Stock Options
4.64
2021-06-01
Common Stock
3000
3000
D
Stock Options (right to purchase)
1.69
2018-01-02
2022-12-31
Common Stock
3000
3000
D
Convertible Notes
1.5
2018-09-30
2020-12-31
Common Stock
866666
1300000
D
Convertible Notes
0.93
2019-01-15
2020-12-31
Common Stock
1075268
1000000
D
Convertible Notes
1.5
2018-09-30
2020-12-31
Common Stock
254666
382000
I
See Note
Convertible Notes
0.93
2019-01-15
2020-12-31
Common Stock
86021
80000
I
See Note
Warrants
1.4
2018-10-01
2023-09-30
Common Stock
17500
17500
I
See Note
Warrants
5
2016-08-19
2021-07-31
Common Stock
61817
61817
D
Warrants
6.15
2016-11-27
2021-05-26
Common Stock
16500
16500
D
Warrants
6.15
2016-09-01
2021-07-31
Common Stock
19300
19300
D
Warrants
3
2016-11-23
2021-11-30
Common Stock
88889
88889
D
Warrants
3
2016-12-22
2021-11-30
Common Stock
22814
111703
D
Warrants
3
2016-11-22
2021-11-30
Common Stock
19000
130703
D
Warrants
1.5
2017-01-29
2022-11-30
Common Stock
48000
48000
D
Warrants
3
2016-12-22
2021-11-30
Common Stock
13000
143703
D
Warrants
4.45
2017-02-17
2022-01-31
Common Stock
7880
7880
D
Warrants
3.3
2017-03-08
2022-01-31
Common Stock
4850
4850
D
Warrants
3.78
2017-03-15
2022-01-31
Common Stock
4775
4775
D
Warrants
4
2017-03-21
2022-01-31
Common Stock
964
964
D
Warrants
1.5
2017-05-12
2022-05-12
Common Stock
98591
98591
D
Warrants
3.78
2017-03-15
2022-01-31
Common Stock
3354
3354
I
See Note
Warrants
4
2017-03-21
2022-01-31
Common Stock
615
615
I
See Note
Shares received in lieu of cash payment of director's fees.
Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
Vests as to 2,500 shares on March 31, 2020, and an additional 2,500 shares on each of June 30, 2020, September 30, 2020 and December 31, 2020.
Fully vested as of 12/31/2019.
Fully vested as of 12/31/2018.
Fully vested as of 01/01/2017.
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 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.
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.
Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, 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 Chairman and President.
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.
Includes warrants previously owned by a partnership of which Reporting Person was a General Partner, received upon liquidation at the end of 2018.
Represents warrants received by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, which acted as placement agent for the sale of Issuer's 8% convertible notes, in lieu of cash payment of commissions.
/s/ Michael N. Taglich
2020-04-13