Statement of Changes in Beneficial Ownership (4)

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
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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 __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) C/O TAGLICH BROTHERS, INC., 37 MAIN STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 1/4/2021
(Street) COLD SPRING HARBOR, NY 11724 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	1/4/2021		J⁽¹⁾		12857	A	$1.23	3916571	D
Common Stock								239946	I	See Note ⁽²⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (right to purchase)	$2.38							12/31/2020	12/31/2026	Common Stock	10000		10000	D
Stock Options	$1.28							12/31/2019	12/31/2025	Common Stock	10000		10000	D
Stock Options	$1.59							5/14/2018	5/31/2023	Common Stock	13000		13000	D
Stock Options	$4.64							12/31/2017	6/1/2021	Common Stock	3000		3000	D
Stock Options (right to purchase)	$1.69							1/2/2018	12/31/2022	Common Stock	3000		3000	D
Convertible Notes ⁽³⁾	$1.5							9/30/2018	12/31/2020	Common Stock	866666 ⁽⁴⁾		$1300000	D
Convertible Notes	$0.93							1/15/2019	12/31/2020	Common Stock	1103225 ⁽⁴⁾		$1026000	D
Convertible Notes	$1.5							9/30/2018	12/31/2020	Common Stock	254666 ⁽⁴⁾		$382000	I	See Note ⁽⁵⁾
Convertible Notes	$0.93							1/15/2019	12/31/2020	Common Stock	30107 ⁽⁴⁾		$28000	I	See Note ⁽⁶⁾
Warrants	$1.4							10/1/2018	9/30/2023	Common Stock	17500		17500	I	See Note ⁽⁷⁾
Warrants	$5							8/19/2016	7/31/2021	Common Stock	61817		61817	D
Warrants ⁽⁸⁾	$6.15							11/27/2016	5/26/2021	Common Stock	16500		16500	D
Warrants	$6.15							9/1/2016	7/31/2021	Common Stock	19300		19300	D
Warrants	$3							11/23/2016	11/30/2021	Common Stock	88889		88889	D
Warrants	$3							12/22/2016	11/30/2021	Common Stock	22814		111703	D
Warrants	$3							11/22/2016	11/30/2021	Common Stock	19000		130703	D
Warrants	$1.5							1/29/2017	11/30/2022	Common Stock	48000		48000	D
Warrants ⁽⁸⁾	$3							12/22/2016	11/30/2021	Common Stock	13000		143703	D
Warrants ⁽⁸⁾	$4.45							2/17/2017	1/31/2022	Common Stock	7880		7880	D
Warrants ⁽⁸⁾	$3.3							3/8/2017	1/31/2022	Common Stock	4850		4850	D
Warrants ⁽⁸⁾	$3.78							3/15/2017	1/31/2022	Common Stock	4775		4775	D
Warrants ⁽⁸⁾	$4							3/21/2017	1/31/2022	Common Stock	964		964	D
Warrants ⁽¹⁰⁾	$1.5 ⁽⁹⁾							5/12/2017	5/12/2022	Common Stock	98591 ⁽¹⁰⁾		98591 ⁽¹⁰⁾	D
Warrants	$3.78							3/15/2017	1/31/2022	Common Stock	3354		3354	I	See Note ⁽¹¹⁾
Warrants	$4							3/21/2017	1/31/2022	Common Stock	615		615	I	See Note ⁽¹¹⁾

Explanation of Responses:
(1)	Shares received in lieu of cash payment of director's fees.
(2)	Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
(3)	Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes.
(4)	Does not include shares issued upon conversion for accrued interest on the Notes.
(5)	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.
(6)	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.
(7)	Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, for acting as placement agent for the sale of Issuer's shares of common stock in October 2018.
(8)	Assignment of a portion of Placement Agent Warrants originally issued to Taglich Brothers, Inc., of which the Reporting Person is Chairman and President.
(9)	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.
(10)	Includes warrants previously owned by a partnership of which Reporting Person was a General Partner, received upon liquidation at the end of 2018.
(11)	Represents 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 8% convertible notes, in lieu of cash payment of commissions.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
TAGLICH MICHAEL N C/O TAGLICH BROTHERS, INC. 37 MAIN STREET COLD SPRING HARBOR, NY 11724	X	X