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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
TAGLICH ROBERT
  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)
790 NEW YORK AVENUE, SUITE 209
3. Date of Earliest Transaction (Month/Day/Year)
11/23/2016
(Street)

HUNTINGTON, NY 11743
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 06/29/2016   M   3,000 A $ 2.95 377,903 D  
Common Stock               17,990 I See Note (1)
Common Stock               12,746 I See Note (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to purchase) $ 6 09/10/2012   A   3,000   09/10/2012 09/10/2017 Common Stock 3,000 $ 0 3,000 D  
Stock Options (right to purchase) $ 6 04/23/2013   A   750   04/23/2013 04/23/2018 Common Stock 750 $ 0 3,750 D  
Stock Options (right to purchase) $ 7.86 09/30/2013   A   750   09/30/2013 09/30/2018 Common Stock 750 $ 0 4,500 D  
Stock Options (right to purchase) $ 8.98 12/31/2013   A   750   12/31/2013 12/31/2018 Common Stock 750 $ 0 5,250 D  
Stock Options (right to purchase) $ 9.38 03/31/2014   A   750   03/31/2014 03/31/2019 Common Stock 750 $ 0 6,000 D  
Warrants $ 6.3 06/22/2012   A   31,190   06/22/2012 06/22/2017 Common Stock 31,190 $ 0 31,190 D  
Warrants $ 8.72 01/01/2014   A   10,000   04/01/2014 12/31/2019 Common Stock 10,000 $ 0 10,000 I See Note (3)
Stock Options (right to purchase) $ 11.73 05/16/2014   A   750   05/16/2014 05/15/2019 Common Stock 750 $ 0 6,750 D  
Stock Options (right to purchase) $ 9.24 08/21/2014   A   750   08/21/2014 08/22/2019 Common Stock 750 $ 0 7,500 D  
Stock Options (right to purchase) $ 10.26 11/24/2014   A   1,750   11/24/2014 11/23/2019 Common Stock 1,750 $ 0 9,250 D  
Stock Options (right to purchase) $ 10.05 04/06/2015   A   3,000   04/06/2015 04/05/2020 Common Stock 3,000 $ 0 12,250 D  
Series A Convertible Preferred Stock $ 4.92 05/26/2016   P   65,000   05/26/2016   (4) Common Stock 132,113 $ 650,000 65,000 D  
Warrants $ 6.15 05/26/2016   P   13,500   11/27/2016 05/26/2021 Common Stock 13,500 $ 0 44,690 D  
Stock Options (right to purchase) $ 4.64 06/02/2016   A   750   06/02/2016 06/01/2021 Common Stock 750 $ 0 13,000 D  
Stock Options (right to purchase) $ 4.64 06/02/2016   A   750   08/01/2016 06/01/2021 Common Stock 750 $ 0 13,750 D  
Stock Options (right to purchase) $ 4.64 06/02/2016   A   750   11/01/2016 06/01/2021 Common Stock 750 $ 0 14,500 D  
Stock Options (right to purchase) $ 4.64 06/02/2016   A   750   02/01/2017 06/01/2021 Common Stock 750 $ 0 15,250 D  
Convertible Notes $ 10 08/19/2016   P   $ 204,183   08/19/2016 12/31/2017 Common Stock 41,500 (5) $ 204,183 $ 204,183 D  
Series A Preferred Stock $ 4.92 08/19/2016   P   20,418     (6)   (4) Common Stock 41,500 $ 0 85,418 D  
Warrants $ 5 08/19/2016   P   8,300   08/19/2016 07/31/2021 Common Stock 8,300 $ 0 52,990 D  
Convertible Notes $ 10 08/19/2016   P   $ 60,000   08/19/2016 12/31/2017 Common Stock 12,192 (7) $ 60,000 $ 60,000 I See Note (8)
Series A Preferred Stock $ 4.92 08/19/2016   P   6,000     (6)   (4) Common Stock 12,192 $ 0 6,000 I See Note (8)
Warrants $ 5 08/19/2016   P   2,436   08/19/2016 07/31/2021 Common Stock 2,436 $ 0 12,436 I See Note (8)
Warrants $ 6.15 08/19/2016   P   69,025   08/19/2016 07/31/2021 Common Stock 69,025 $ 50 81,461 I See Note (9)
Series A Preferred Stock $ 4.92 09/15/2016   J(10)   3,018   09/15/2016   (4) Common Stock 6,135 $ 0 88,436 D  
Convertible Notes $ 2.25 11/23/2016   P   $ 100,000   11/23/2016 11/30/2018 Common Stock 44,444 $ 100,000 $ 100,000 D  
Warrants $ 3 11/23/2016   P   8,889   11/23/2016 11/30/2021 Common Stock 8,889 $ 0 61,879 D  
Warrants $ 3 11/23/2016   P   62,222   11/23/2016 11/30/2021 Common Stock 62,222 $ 0 143,683 I See Note (11)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TAGLICH ROBERT
790 NEW YORK AVENUE, SUITE 209
HUNTINGTON, NY 11743
  X      

Signatures

 /s/ Robert F. Taglich   11/28/2016
**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) Represents shares owned by Taglich Brothers, Inc., of which the Reporting Person is Managing Director.
(2) Owned by Tag/Kent Partners, of which Reporting Person is a General Partner.
(3) Represents warrants issued to Taglich Brothers, Inc., of which the Reporting Person is Managing Director, pursuant to Capital Markets Advisory Agreement.
(4) No expiration date.
(5) Automatically converts into 20,418 shares of Series A Preferred Stock upon filing of certificate of amendment to articles of incorporation increasing the number of authorized shares of preferred stock available for conversion (the "Certificate of Amendment").
(6) Upon filing of Certificate of Amendment.
(7) Automatically converts into 6,000 shares of Series A Preferred Stock upon filing of Certificate of Amendment.
(8) Custodian for children under NY UGMA.
(9) 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 12% Subordinated Convertible Notes in August 2016.
(10) Represents shares received in lieu of payment of cash dividend.
(11) 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 November 2016.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.