SKYX Platforms Corp. — Director's Dealing 2017

Mar 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SQL Technologies Corp. (SQFL)
CIK: 0001598981
Period of Report: 2016-09-01

Reporting Person: Wells Mark J (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-01	Common Stock, no par value	P	150000	$2.7	Acquired	250000	Direct
2016-09-01	Common Stock, no par value	A	1145000	—	Acquired	1395000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-01	Warrant	$3	A	750000	Acquired	2022-01-01	Common Stock, no par value (750000)	Direct

Footnotes

F1: As part of Mr. Wells' Executive Employment Agreement, as disclosed on the Company's Form 8-K dated November 8, 2016, Mr. Wells purchased 150,000 shares of the Company's common stock at $2.70 per share. Mr. Wells was then issued a warrant to purchase 750,000 shares of the Company's common stock at an exercise price of $3.00 per share.

F2: Pursuant to the Executive Employment Agreement, Mr. Wells was granted 120,000 shares of common stock as a sign-on bonus, and such shares vest on January 1, 2018. Also
pursuant to the Executive Employment Agreement, Mr. Wells was granted 1,025,000 shares of common stock as additional compensation, and such shares vest on January 1, 2019.