AgEagle Aerial Systems Inc. — Director's Dealing 2020

Nov 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AgEagle Aerial Systems Inc. (UAVS)
CIK: 0000008504
Period of Report: 2020-11-12

Reporting Person: Ingargiola Luisa (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-12	Common Stock, par value $0.001	M	25614	$0.31	Acquired	25614	Direct
2020-11-12	Common Stock, par value $0.001	M	4386	$0.29	Acquired	4386	Direct
2020-11-12	Common Stock, par value $0.001	S	30000	$2.5048	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-12	Options to purchase common stock, par value $0.001per share	$0.31	M	26614	Disposed	2024-06-28	Common Stock (25614)	Direct
2020-11-12	Options to purchase common stock, par value $0.001per share	$0.29	M	4386	Disposed	2024-09-28	Common Stock (4386)	Direct

Footnotes

F1: The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/03/2020.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/03/2020.

F3: The options becamse exercisable and vest in equal installments over a two-year period commencing on the issuance date.

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

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at price ranging from $2.50 to $2.51.

F6: Aggregate number of stock options beneficially owned as of the Transaction Date irrespective of exercise price and expiration date.