Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
TAGLICH MICHAEL N
  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 _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
98 BAY STREET
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2016
(Street)

SAG HARBOR, NY 10174
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
(City)
(State)
(Zip)
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
Common Stock 08/24/2015   P   500 A $ 8.15 352,497 D  
Common Stock               45,980 I See Note (1)
Common Stock               12,746 I See Note (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Stock Options (right to purchase) $ 2.95 07/11/2011   A   3,000   07/11/2011 07/11/2016 Common Stock 3,000 $ 0 3,000 D  
Stock Options (right to purchase) $ 6 09/10/2012   A   3,000   09/10/2012 09/10/2017 Common Stock 3,000 $ 0 6,000 D  
Stock Options (right to purchase) $ 6 04/23/2013   A   750   04/23/2013 04/23/2018 Common Stock 750 $ 0 6,750 D  
Stock Options (right to purchase) $ 7.86 09/30/2013   A   750   09/30/2013 09/30/2018 Common Stock 750 $ 0 7,500 D  
Stock Options (right to purchase) $ 8.98 12/31/2013   A   750   12/31/2013 12/31/2018 Common Stock 750 $ 0 8,250 D  
Stock Options (right to purchase) $ 9.38 03/31/2014   A   750   03/31/2014 03/31/2019 Common Stock 750 $ 0 9,000 D  
Warrants (1) (right to purchase) $ 6.3 06/22/2012   A   31,190   06/22/2012 06/22/2017 Common Stock 31,190 $ 0 40,190 I See Note (3)
Warrants (1) (right to purchase) $ 8.72 01/01/2014   A   10,000   04/01/2014 12/31/2019 Common Stock 10,000 $ 0 50,190 I See Note (4)
Stock Options (right to purchase) $ 11.73 05/16/2014   A   750   05/16/2014 05/15/2019 Common Stock 750 $ 0 50,940 D  
Stock Options (right to purchase) $ 9.24 08/21/2014   A   750   08/21/2014 08/20/2019 Common Stock 750 $ 0 51,690 D  
Stock Options (right to purchase) $ 10.26 11/24/2014   A   1,750   11/24/2014 11/23/2019 Common Stock 1,750 $ 0 53,440 D  
Stock Options (right to purchase) $ 10.05 04/06/2015   A   750   04/06/2015 04/05/2020 Common Stock 750 $ 0 54,190 D  
Stock Options (right to purchase) $ 10.05 04/06/2015   A   750   07/01/2015 04/05/2020 Common Stock 750 $ 0 54,940 D  
Stock Options (right to purchase) $ 10.05 04/06/2015   A   750   10/01/2015 04/05/2020 Common Stock 750 $ 0 55,690 D  
Stock Options (right to purchase) $ 10.05 04/06/2015   A   750   01/01/2016 04/05/2020 Common Stock 750 $ 0 56,440 D  
Series A Convertible Preferred Stock $ 4.92 05/26/2016   P   110,000   05/26/2016   (6) Common Stock 223,575 $ 10 280,015 D  
Warrants (5) (right to purchase) $ 6.15 05/26/2016   P   50,996   11/27/2016 05/26/2021 Common Stock 50,996 $ 0 331,011 I See Note (5)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TAGLICH MICHAEL N
98 BAY STREET
SAG HARBOR, NY 10174
  X      

Signatures

 /s/ Michael N. Taglich   05/31/2016
**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) Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
(2) Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.
(3) Reporting Person's portion of a total 118,585 Placement Agent Warrants received by Taglich Brothers, Inc., which acted as placement agent for the sale of Issuer's common stock in June and July of 2012.
(4) Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, pursuant to Capital Markets Advisory Agreement.
(5) Placement Agent 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 Series A Convertible Preferred Stock in May 2016.
(6) There is no expiration date.

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