Sky Harbour Group Corp — Director's Dealing 2022

Jan 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sky Harbour Group Corp (SKYH)
CIK: 0001823587
Period of Report: 2022-01-25

Reporting Person: Keinan Tal (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-25	Class B Common Stock	A	17943792	—	Acquired	17943792	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-25	Common Units	$	A	17943792	Acquired		Class A Common Stock (17943792)	Direct

Footnotes

F1: In connection with the closing of the business combination between Yellowstone Acquisition Company and Sky Harbour LLC ("Sky") on January 25, 2022, certain existing equity interests previously issued by Sky were reclassified and reissued by Sky into new Common Units. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock of the Issuer. Holders of Class B Common Stock are entitled to voting rights but have no economic rights.

F2: Subject to the terms of the Third Amended and Restated Operating Agreement of Sky, the Common Units of Sky may be tendered for redemption by the Reporting Person for shares of the Issuer's Class A Common Stock on a one-to-one basis. The Common Units do not expire.