F O R M 4 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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(f) of the Investment Company Act 1940
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
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1.Name and Address of 2.Issuer Name and Ticker 6.Relationship of Reporting
Reporting Person* or Trading Symbol Person to Issuer (check
Aviation Group, Inc. all Applicable)
"AVGP"
Weed, Charles Edward ###-##-#### 03-00 X Director 10% Owner
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(Last) (First) (MI) 3.IRS or Soc.Sec.No. 4.Statement for Officer Other
of Reporting Person Month/Year --- (Give title ---
(Voluntary) (Give title (Specify
below) below)
84 Spring Lake Way
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(Street) ----------------
5.If Amendment, 7.Individual or Joint/Group
Date of Original Filing (Check Applicable
Shreveport, LA 71106 (Month/Year) Line)
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(City) (State) (Zip) X Form filed by One
--- Reporting Person
Form filed by More
--- than one Reporting
Person
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
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Table I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned
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1. Title of Security 2. Transaction 3. Transaction 4. Security Acquired (A)
(Inst.3) Date Code or Disposed of (D)
(Month/ (Instr.8) (Inst.3, 4 & 5)
Day/Yr) ------------------------------------------------
(A)
Code V Amount (D) Price
$.01 Common Stock 3/6/00 S 15,950 D $4.01
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$.01 Common Stock 3/7/00 S 4,050 D $4.12
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
5. Amount of Securities 6. Ownership Form 7. Nature of Indirect
Beneficially Owned at Direct (D) or Beneficial Ownership
at End of Month Indirect (I) (Inst. 4)
(Inst. 3 & 4)
D
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D
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75,283 D
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</TABLE>
Reminder: Report on a separate line for each class securities owned directly or
indirectly. *If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
<PAGE>
FORM 4 (continued)
Page 2
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<CAPTION>
<S> <C> <C> <C>
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Table II - Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g., puts, calls,
warrants, options, convertible security)
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1. Title of 2. Conversion 3. Transaction 4. Transaction
Derivative or Exercise Date (Month Code
Security Price of (Day/Year) (Instr. 8)
(Instr.3) Derivative
Security Code V
AVGP Common Stock Warrants (1) $1.50 2/27/00 A
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</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
5. Number of Derivative 6. Date Exercisable 7. Title & Amount of
Securities Acquired & Expiration Date Underlying Securities
(A) or Disposed of (D) (Mon./Day/Year) (Inst. 3 & 4)
(Instr. 3, 4 & 5)
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(A) (D) Date Expiration Title Amount or number
Exercisable Date of Shares
A 2/28/00 2/28/05 .01 Common 50,000
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</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
8. Price of Derivative 9. Number of Derivative Securities 10. Ownership Form of 11. Nature of Indirect
Security (Inst.5) Beneficially Owned at end of Derivative Security Beneficial
Month (Instr. 4) Direct (D) or Ownership (Instr.4)
Indirect (I) (Instr.4)
$1.50 70,000 D
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<FN>
Explanation of Responses
(1) Received from Company pursuant to exemption under Rule 16b-3.
</FN>
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C>
/s/ Charles Weed 3-3-00
**Intentional misstatements or omissions of facts constitute Federal -------------------------------- ----------
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
</TABLE>
Potential persons who are to respond to the collections of information contained
in this form are not required to respond unless the form displays a currently
valid OMD Number.
