AgEagle Aerial Systems Inc. — Director's Dealing 2021

Feb 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AgEagle Aerial Systems Inc. (UAVS)
CIK: 0000008504
Period of Report: 2020-12-31

Reporting Person: Begley Grant A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-26	Common Stock, par value $0.001	M	4125	$0.41	Acquired	4125	Direct
2021-01-26	Common Stock, par value $0.001	S	4125	$12.302	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-26	Options to purchase common stock, par value $0.001 per share	$0.41	M	4125	Disposed	2024-03-29	Common Stock (4125)	Direct
2020-12-31	Options to purchase common stock, par value $0.001 per share	$6.00	A	25000	Acquired	2025-12-30	Common Stock (25000)	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 became 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: Aggregate number of stock options beneficially owned as of the Transaction Date irrespective of exercise price and expiration date.