AIRI · Air Industries Group

Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.

This award was granted on August 26, 2024. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. 20,427 restricted stock units subject to the award vested on each of April 1, 2025 and April 1, 2026, and 20,427 restricted stock units are scheduled to vest on April 1, 2027, assuming continued employment through the applicable vesting date.

Grant pursuant to equity plan.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.

Taglich Brothers, Inc., of which the Reporting Person is Managing Director, sold 11,998 shares to the Reporting Person and 11,998 shares to Michael Taglich.

Taglich Brothers, Inc., of which the Reporting Person is Managing Director, sold 11,998 shares to the Reporting Person and 11,998 shares to Michael Taglich.

Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, sold 11,998 shares to the Reporting Person and 11,998 shares to Robert Taglich.

Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, sold 11,998 shares to the Reporting Person and 11,998 shares to Robert Taglich.

Grant pursuant to equity plan.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.

Grant pursuant to equity plan.

Amendment issued to correct amount of shares granted on 10/22/2025 pursuant to the equity plan from 3,823 to 4,443.

Grant pursuant to equity plan.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

This award was granted on August 26, 2024. 20,427 restricted stock units subject to the award vested on April 1, 2025 and 20,427 restricted stock units are scheduled to vest on each of April 1, 2026 and April 1, 2027, assuming continued employment through the applicable vesting date.

Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

This award was granted on August 26, 2024. 34,123 restricted stock units subject to the award vested on April 1, 2025. 34,123 are scheduled to vest on April 1, 2026 and 34,122 are scheduled to vest on April 1, 2027, assuming continued employment through the applicable vesting date.

Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Convertible Notes were paid in full on January 31, 2025.

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.

Convertible Notes were paid in full on January 31, 2025.

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 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.

Convertible Notes were paid in full on January 31, 2025.

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.

Convertible Notes were paid in full on January 31, 2025.

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 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.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Grant pursuant to equity plan.

Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.

Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

Vests as to 34,423 shares on April 1, 2025, April 1, 2026 and 34,422 on April 1, 2027, assuming continued service through the vesting date.

Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

Vests as to 20,427 shares on April 1, 2025, April 1, 2026 and April 1, 2027, assuming continued service through the vesting date.

Vests as to 2,500 shares on each of August 31, 2024, September 30, 2024, December 31, 2024 and March 31, 2025..

Vests as to 2,500 shares on each of August 31, 2024, September 30, 2024, December 31, 2024 and March 31, 2025.

Vests as to 2,500 shares on each of August 31, 2024, September 30, 2024, December 31, 2024 and March 31, 2025.