Sky Harbour Group Corp — Director's Dealing 2025

Feb 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sky Harbour Group Corp (SKYH)
CIK: 0001823587
Period of Report: 2023-05-17

Reporting Person: Gonzalez Francisco (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-18	Class A Common Stock	A	144535	—	Acquired	624535	Direct
2023-05-17	Class A Common Stock	F	109709	$10.45	Disposed	514826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-18	Non-Qualified Stock Option (Right to Buy)	$11.07	A	222541	Acquired	2035-02-18	Class A Common Stock (222541)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (Right to Buy)	$11.6300	2034-02-15	Class A Common Stock (250000)	250000	Direct

Footnotes

F1: Represents restricted stock units ("RSUs") granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. Each RSU represents the contingent right to receive, in accordance with the terms of the applicable RSU agreement, one share of Class A Common Stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU agreement, provided the reporting person remains in service through the applicable vesting date.

F2: Represents stock options granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. The stock options vest in installments in accordance with the terms of the applicable stock option agreement, provided the reporting person remains in service through the applicable vesting date.

F3: Reported amount includes 133,714 shares of Class A Common Stock and 381,112 RSUs.

F4: Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of an aggregate of 243,423 RSUs, which occurred monthly from May 17, 2023 to February 17, 2025. The value of the vested shares and the shares withheld to satisfy U.S. Federal and state income taxes is calculated based on the weighted-average closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.