0001213900-21-041344.txt : 20210810 0001213900-21-041344.hdr.sgml : 20210810 20210810142926 ACCESSION NUMBER: 0001213900-21-041344 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210809 FILED AS OF DATE: 20210810 DATE AS OF CHANGE: 20210810 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TAGLICH ROBERT CENTRAL INDEX KEY: 0001353439 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35927 FILM NUMBER: 211159488 MAIL ADDRESS: STREET 1: 700 NEW YORK AVENUE CITY: HUNTINGTON STATE: NY ZIP: 11743 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 2021-08-09 0 0001009891 AIR INDUSTRIES GROUP AIRI 0001353439 TAGLICH ROBERT C/O TAGLICH BROTHERS, INC. 37 MAIN STREET COLD SPRING HARBOR NY 11724 1 0 1 0 Common Stock 2021-08-09 4 P 0 10000 1.2469 A 2296703 D Common Stock 239946 I See Note Common Stock 44760 I See Note Stock Options 1.32 2027-12-31 Common Stock 10000 10000 D Stock Options 2.38 2020-12-31 2026-12-31 Common Stock 10000 10000 D Stock Options 1.28 2019-12-31 2025-12-31 Common Stock 10000 10000 D Stock Options 1.59 2018-12-31 2023-05-31 Common Stock 13000 13000 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 2023-07-01 Common Stock 507719 761579 D Convertible Notes 0.93 2019-01-15 2023-07-01 Common Stock 1103225 1026000 D Convertible Notes 1.5 2018-09-30 2023-07-01 Common Stock 142161 213242 I See Note Convertible Notes 1.5 2018-09-30 2023-07-01 Common Stock 78111 117166 I See Note Convertible Notes 0.93 2019-01-15 2023-07-01 Common Stock 30108 28000 I See Note Warrants 1.4 2018-10-01 2023-09-30 Common Stock 17500 17500 I See Note Warrants 3 2016-11-23 2021-11-30 Common Stock 8889 8889 D Warrants 3 2016-12-22 2021-11-30 Common Stock 15029 23918 D Warrants 3.71 2017-02-07 2022-01-31 Common Stock 19230 19230 D Warrants 3.3 2017-03-08 2022-01-31 Common Stock 7692 7692 D Warrants 3 2016-11-22 2021-11-30 Common Stock 15344 39262 D Warrants 3 2016-12-22 2021-11-30 Common Stock 12540 51802 D Warrants 4.45 2017-02-17 2022-01-31 Common Stock 7500 7500 D Warrants 3.3 2017-03-08 2022-01-31 Common Stock 4374 12542 D Warrants 3.78 2017-03-15 2022-01-31 Common Stock 4306 4306 D Warrants 4 2017-03-21 2022-01-31 Common Stock 869 869 D Warrants 1.5 2017-05-12 2022-05-12 Common Stock 98590 98590 D Warrants 1.5 2017-11-29 2022-11-30 Common Stock 24000 24000 D Warrants 3.3 2017-03-08 2022-01-31 Common Stock 3416 3416 I See Note 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 Represent shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director. Represents shares acquired for which Mr. Taglich is the custodian for his children under NY UGMA. Vests as to 2,500 shares on March 31, 2021, an additional 2,500 shares on each of June 30, 2021, September 30, 2021 and December 31, 2021. Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes accrued 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 Managing Director, 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 6% convertible notes acquired from Taglich Brothers, Inc., of which the Reporting Person is Managing Director, originally issued to Taglich Brothers 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 Managing Director, 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 Managing Director, 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 Managing Director. 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 Managing Director, which acted as placement agent for the sale of Issuer's 8% convertible notes, in lieu of cash payment of commissions. /s/ Robert F. Taglich 2021-08-10