<SEC-DOCUMENT>0001193805-17-000130.txt : 20170213
<SEC-HEADER>0001193805-17-000130.hdr.sgml : 20170213
<ACCEPTANCE-DATETIME>20170213132101
ACCESSION NUMBER:		0001193805-17-000130
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170207
FILED AS OF DATE:		20170213
DATE AS OF CHANGE:		20170213

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:		360 MOTOR PARKWAY, SUITE 100
		CITY:			HAUPPAUGE
		STATE:			NY
		ZIP:			11788
		BUSINESS PHONE:		631-881-4920

	MAIL ADDRESS:	
		STREET 1:		360 MOTOR PARKWAY, SUITE 100
		CITY:			HAUPPAUGE
		STATE:			NY
		ZIP:			11788

	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

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:		17597684

	MAIL ADDRESS:	
		STREET 1:		700 NEW YORK AVENUE
		CITY:			HUNTINGTON
		STATE:			NY
		ZIP:			11743
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>e615770_4-robertt.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

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    <periodOfReport>2017-02-07</periodOfReport>

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        <issuerName>AIR INDUSTRIES GROUP</issuerName>
        <issuerTradingSymbol>AIRI</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001353439</rptOwnerCik>
            <rptOwnerName>TAGLICH ROBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>790 NEW YORK AVENUE, SUITE 209</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HUNTINGTON</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11743</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
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            <otherText></otherText>
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                    <value>See Note</value>
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            <securityTitle>
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            <transactionDate>
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            <deemedExecutionDate></deemedExecutionDate>
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                <value>3.71</value>
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                <value>2017-02-07</value>
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                <transactionFormType>4</transactionFormType>
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            <transactionAmounts>
                <transactionTotalValue>
                    <value>250000</value>
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                <transactionPricePerShare>
                    <value>250000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2017-02-07</value>
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            <expirationDate>
                <value>2019-01-31</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>67386</value>
                </underlyingSecurityShares>
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            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>550000</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.71</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2017-02-07</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
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                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>19230</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2017-02-07</value>
            </exerciseDate>
            <expirationDate>
                <value>2022-01-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>19230</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>96319</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.</footnote>
        <footnote id="F2">Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.</footnote>
        <footnote id="F3">Custodian for children under NY UGMA.</footnote>
        <footnote id="F4">Converted into shares of Series A Convertible Preferred Stock (&quot;Series A Preferred Stock&quot;) at $10 per share upon filing of Certificate of Amendment increasing number of authorized shares of Preferred Stock. Until automatically converted into shares of Series A Preferred Stock, the Note had been convertible into shares of Common Stock at an exercise price of $4.92 per share, the conversion price of the Series A Preferred Stock.</footnote>
        <footnote id="F5">Includes shares received in lieu of cash dividends on December 15, 2016.</footnote>
        <footnote id="F6">There is no expiration date.</footnote>
        <footnote id="F7">Represents Placement Agent 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% Subordinated Convertible Notes in December 2016.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Robert F. Taglich</signatureName>
        <signatureDate>2017-02-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
