Edgar Filing: BUONANNO DAVID

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 ^*

BUONANNO DAVID

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)

8213 BAY SHORE DRIVE WEST

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2019

(Street)

MARGATE CITY, NJ 08402

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								46,024	D

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (right to purchase)

$ 9.38

03/31/2014

750

03/31/2014

03/31/2019

Common Stock

750

$ 0

750

Stock Options (right to purchase)

$ 11.73

05/16/2014

750

05/16/2014

05/15/2019

Common Stock

750

$ 0

750

Stock Options (right to purchase)

$ 9.24

08/21/2014

750

08/21/2014

08/20/2019

Common Stock

750

$ 0

750

Stock Options (right to purchase)

$ 10.26

11/24/2014

1,750

11/24/2014

11/23/2019

Common Stock

1,750

$ 0

1,750

Stock Options (right to purchase)

$ 10.05

04/06/2015

3,000

⁽¹⁾

04/05/2020

Common Stock

3,000

$ 0

3,000

Stock Options (right to purchase)

$ 4.64

06/02/2016

3,000

⁽²⁾

06/01/2021

Common Stock

3,000

$ 0

3,000

Stock Options (right to purchase)

$ 1.69

01/02/2018

3,000

01/02/2018

12/31/2022

Common Stock

3,000

$ 0

3,000

Stock Options (right to purchase)

$ 1.59

05/14/2018

13,000

⁽³⁾

05/31/2023

Common Stock

13,000

$ 0

13,000

Stock Options (right to purchase)

$ 1.28

02/13/2019

10,000

03/31/2019⁽⁴⁾

12/31/2025

Common Stock

10,000

$ 0

10,000

Warrants

$ 5

08/19/2016

1,016

08/19/2016

07/31/2022

Common Stock

1,016

$ 0

1,016

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BUONANNO DAVID 8213 BAY SHORE DRIVE WEST MARGATE CITY, NJ 08402	X

Signatures

/s/ David Buonanno		02/14/2019
^**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)	Fully vested as of January 1, 2016.
(2)	Fully vested as of February 1, 2017.
(3)	Fully vested as of December 31, 2018.
(4)	Vests as to 2,500 shares on March 31, 2019, an additional 2,500 shares on each of June 30, 2019, September 31, 2019 and December 31, 2019.

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