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

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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., 790 NEW YORK AVENUE, SUITE 209 3. Date of Earliest Transaction (Month/Day/Year) 09/15/2016 (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 $ 2.95 360,497 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.
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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	08/20/2019	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		750		04/06/2015	04/05/2020	Common Stock	750	$ 0	10,000	D
Stock Options (right to purchase)	$ 10.05	04/06/2015		A		750		07/01/2015	04/05/2020	Common Stock	750	$ 0	10,750	D
Stock Options (right to purchase)	$ 10.05	04/06/2015		A		750		10/01/2015	04/05/2020	Common Stock	750	$ 0	11,500	D
Stock Options (right to purchase)	$ 10.05	04/06/2015		A		750		01/01/2016	04/05/2020	Common Stock	750	$ 0	12,250	D
Series A Convertible Preferred Stock	$ 4.92	05/26/2016		P		110,000		05/26/2016	(4)	Common Stock	223,575	$ 1,100,000	110,000	D
Warrants	$ 6.15	05/26/2016		P		16,500		11/27/2016	05/26/2021	Common Stock	16,500	$ 0	57,690	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		$ 1,520,713		08/19/2016	12/31/2017	Common Stock	309,088 (5)	$ 1,520,713	$ 1,520,713	D
Series A Preferred Stock	$ 4.92	08/19/2016		P		152,071		(6)	(4)	Common Stock	309,088	$ 0	262,071	D
Warrants	$ 5	08/19/2016		P		61,817		08/19/2016	07/31/2021	Common Stock	61,630	$ 0	119,507	D
Warrants	$ 6.15	08/19/2016		P		69,025		08/19/2016	07/31/2021	Common Stock	69,205	$ 50	79,025	I	See Note (7)
Series A Preferred Stock	$ 4.92	09/15/2016		J(8)		5,108		09/15/2016	(4)	Common Stock	10,382	$ 0	267,179	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TAGLICH MICHAEL N C/O TAGLICH BROTHERS, INC. 790 NEW YORK AVENUE, SUITE 209 HUNTINGTON, NY 11743	X	X

Signatures

/s/ Michael N. Taglich		09/19/2016
**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 Chairman and President.
(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 Chairman and President, pursuant to Capital Markets Advisory Agreement.
(4)	There is no expiration date.
(5)	Automatically converts into 151,611 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)	Represents Placement Agent 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 12% Subordinated Convertible Notes in August 2016.
(8)	Represents shares received in lieu of cash dividends.

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