SKYX Platforms Corp. — Director's Dealing 2017

Mar 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SQL Technologies Corp. (SQFL)
CIK: 0001598981
Period of Report: 2016-08-15

Reporting Person: Shiff Dov (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-15	Secured Convertible Promissory Note	$0.25	C	2600000	Disposed		Common Stock, no par value (2600000)	Direct
2016-08-15	Series A Convertible Preferred Stock, no par value	$	C	2600000	Acquired		Common Stock, no par value (2600000)	Direct

Footnotes

F1: Prior to the Company's registration of its Common Stock under Section 12(g) of the Securities Exchange Act of 1934, as amended, on April 6, 2015, Mr. Shiff had purchased from the Company a two-year 12% Secured Convertible Promissory Note (the "Note"). Per the terms of the Note, it was convertible into 2,600,000 shares of the Company's Common Stock. On August 15, 2016, the Company and Mr. Shiff amended the Note such that it would instead be convertible into 2,600,000 shares of the Company's Series A Convertible Preferred Stock, no par value (the "Preferred Stock") and on the same date, the Note was converted in full. The Preferred Stock is convertible into the Company's Common Stock on a 1:1 basis.