AgEagle Aerial Systems Inc. — Director's Dealing 2019

May 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AgEagle Aerial Systems Inc. (UAVS)
CIK: 0000008504
Period of Report: 2018-12-18

Reporting Person: Mooney Barrett (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-18	Common Stock, par value $0.001 per share	J	75000	—	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-31	Options to purchase common stock, par value $0.001per share	$0.41	A	250000	Acquired	2029-03-30	Common Stock (250000)	Direct
2018-12-18	Options to purchase common stock, par value $0.001per share	$0.62	A	125000	Acquired	2028-12-17	Common Stock (125000)	Direct

Footnotes

F1: 75,000 shares of common stock previously rewarded to Mr. Mooney were returned to the Company and immediately cancelled, pursuant to an agreement entered into between the Company and Mr. Mooney on December 18, 2018.

F2: The options become exercisable on the Transaction Date and vest over a one-year period.

F3: The options become exercisable on the Transaction Date and vest over a three-year period.

F4: The options were issued as incentive compensation for services under the Company's Omnibus Equity Incentive Plan.