AgEagle Aerial Systems Inc. — Director's Dealing 2020

Sep 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AgEagle Aerial Systems Inc. (UAVS)
CIK: 0000008504
Period of Report: 2020-06-30

Reporting Person: Fernandez-McGovern Nicole M. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-17	Common Stock, par value $0.001	M	35000	$0.06	Acquired	105000	Direct
2020-09-17	Common Stock, par value $0.001	S	35000	$2.65	Disposed	70000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-17	Options to purchase common stock, par value $0.001 per share	$0.06	M	35000	Disposed	2027-10-02	Common Stock (35000)	Direct
2020-06-30	Options to purchase common stock, par value $0.001 per share	$1.64	J	12500	Disposed	2023-09-29	Common Stock (12500)	Direct
2020-06-30	Options to purchase common stock, par value $0.001 per share	$1.82	J	12500	Disposed	2023-06-29	Common Stock (12500)	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 July 17, 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 July 17, 2020.

F3: The options became exercisable and vested in equal installments over a two-year period.

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

F5: The options were issued as incentive compensation for services under the Company's Omnibus Equity Incentive Plan in 2018. The options were cancelled in June 2020.