0001213900-23-046816.txt : 20230606 0001213900-23-046816.hdr.sgml : 20230606 20230606162953 ACCESSION NUMBER: 0001213900-23-046816 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230602 FILED AS OF DATE: 20230606 DATE AS OF CHANGE: 20230606 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: 23996465 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 X0407 4 2023-06-02 0 0001009891 AIR INDUSTRIES GROUP AIRI 0001024533 TAGLICH MICHAEL N C/O TAGLICH BROTHERS, INC. 37 MAIN STREET COLD SPRING HARBOR NY 11724 1 0 1 0 0 Common Stock 415690 D Common Stock 23995 I See Note Stock Options 3.50 2023-06-02 4 A 0 10000 0 A 2028-05-31 Common Stock 10000 10000 D Stock Options 3.43 2028-06-30 Common Stock 2120 2120 D Convertible Notes 15 2018-09-30 2023-07-01 Common Stock 101544 1523157 D Convertible Notes 9.3 2019-01-15 2023-07-01 Common Stock 110323 1026000 D Convertible Notes 15 2018-09-30 2023-07-01 Common Stock 14217 213242 I See Note Convertible Notes 15 2018-09-30 2023-07-01 Common Stock 7812 117166 D Convertible Notes 9.3 2019-01-15 2023-07-01 Common Stock 3011 28000 I See Note Warrants 14 2018-10-01 2023-09-30 Common Stock 1750 1750 I See Note Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President. Vests as to 2,500 shares on each of June 2, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. Exercisable in full. Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes unpaid interest through December 31, 2020. 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. 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. /s/ Michael N. Taglich 2023-06-05