SKYX Platforms Corp. — Director's Dealing 2016

Jan 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Safety Quick Lighting & Fans Corp. (SQFL)
CIK: 0001598981
Period of Report: 2016-01-25

Reporting Person: SOKOLOW LEONARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-25	COMMON STOCK, NO PAR VALUE	A	50000	$0.60	Acquired	50000	Direct
2016-01-25	COMMON STOCK, NO PAR VALUE	A	12000	$1.00	Acquired	62000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-25	INCENTIVE STOCK OPTIONS	$0.60	A	150000	Acquired	2025-11-15	COMMON STOCK, NO PAR VALUE ()	Direct

Footnotes

F1: Mr. Sokolow received 50,000 shares of common stock of Safety Quick Lighting & Fans Corp. (the "Company") in connection with his appointment to the Company's Board of Directors on November 15, 2015. The shares were issued under the Company's 2015 Stock Incentive Plan, pursuant to a Stock Award Agreement, dated January 25, 2016, between Mr. Sokolow and the Company. The price per share was determined based on the Company's then-current private placement of common stock as of the date of such appointment.

F2: Mr. Sokolow received 12,000 shares of common stock of the Company in connection with his appointment as the Chairman of the Audit Committee of the Company's Board of Directors on January 5, 2016. The shares were issued under the Company's 2015 Stock Incentive Plan, pursuant to a Stock Award Agreement, dated January 25, 2016, between Mr. Sokolow and the Company. The price per share was determined based on the Company's then-current private placement of common stock as of the date of such appointment.

F3: Mr. Sokolow received Incentive Stock Options to purchase up to 150,000 shares of common stock of the Company at $0.60 per share, in connection with his appointment to the Company's Board of Directors on November 15, 2015. The options were issued under the Company's 2015 Stock Incentive Plan, pursuant to a Stock Option Agreement, dated January 25, 2016, between Mr. Sokolow and the Company. The price per share was determined based on the Company's then-current private placement of common stock as of the date of such appointment.

F4: The options may be exercised immediately and until the earlier of (a) 10 years from the date of Mr. Sokolow's appointment as a director and such option grants were authorized or (b) immediately upon the date Mr. Sokolow ceases to be a director if terminated for cause, or 90 days after such date if he ceases to be a director for any other reason.