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SKYX Platforms Corp. — Director's Dealing 2022
Oct 4, 2022
33953_dirs_2022-10-04_326db7c5-0f24-4dea-a5b2-d4b9a4738180.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SKYX Platforms Corp. (SKYX)
CIK: 0001598981
Period of Report: 2022-09-30
Reporting Person: SOKOLOW LEONARD J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-30 | Common Stock, no par value | A | 2032 | $3.69 | Acquired | 333234 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, no par value | 3600 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.6 | 2025-11-15 | Common Stock, no par value (150000) | 150000 | Direct |
| Stock Option (right to buy) | $3 | 2027-04-19 | Common Stock, no par value (150000) | 150000 | Direct |
| Stock Option (right to buy) | $4 | 2027-04-19 | Common Stock, no par value (150000) | 150000 | Direct |
| Stock Option (right to buy) | $3 | 2023-01-01 | Common Stock, no par value (100000) | 100000 | Direct |
| Stock Option (right to buy) | $3 | 2024-01-01 | Common Stock, no par value (100000) | 100000 | Direct |
| Stock Option (right to buy) | $12 | 2025-01-01 | Common Stock, no par value (100000) | 100000 | Direct |
| Stock Option (right to buy) | $12 | 2025-12-31 | Common Stock, no par value (100000) | 100000 | Direct |
| Stock Option (right to buy) | $12 | 2026-12-31 | Common Stock, no par value (100000) | 100000 | Direct |
| Stock Option (right to buy) | $12.34 | 2027-03-11 | Common Stock, no par value (17500) | 17500 | Direct |
| Warrant (right to buy) | $12 | 2023-12-31 | Common Stock, no par value (4469) | 4469 | Direct |
| Warrant (right to buy) | $9.8 | 2024-10-26 | Common Stock, no par value (1088) | 1088 | Direct |
| Warrant (right to buy) | $9.8 | 2024-11-29 | Common Stock, no par value (3375) | 3375 | Direct |
| Warrant (right to buy) | $9.8 | 2024-12-22 | Common Stock, no par value (19827) | 19827 | Direct |
| Warrant (right to buy) | $12 | 2023-12-31 | Common Stock, no par value (5674) | 5674 | Indirect |
| Warrant (right to buy) | $9.8 | 2024-10-26 | Common Stock, no par value (725) | 725 | Indirect |
| Warrant (right to buy) | $9.8 | 2024-11-29 | Common Stock, no par value (2250) | 2250 | Indirect |
| Warrant (right to buy) | $9.8 | 2024-12-22 | Common Stock, no par value (13216) | 13216 | Indirect |
| 6.0% Subordinated Convertible Promissory Note | $15 | 2023-09-22 | Common Stock, no par value () | Direct |
Footnotes
F1: These securities are owned by Newbridge Securities Corporation. The reporting person is the Chief Executive Officer and President of Newbridge Financial, Inc. and Chairman of Newbridge Securities Corporation, its broker dealer subsidiary.
F2: Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00 per share, subject to adjustment provisions (including certain anti-dilution provisions).
F3: Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80 per share, subject to adjustment provisions (including certain anti-dilution provisions).
F4: The principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00 per share.
F5: Represents the principal amount of the convertible note and excludes interest that may accrue. Interest on the note is payable annually, in cash or common stock, at the holder's discretion.
F6: Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.
F7: The reporting person has elected to receive shares of the issuer's common stock in lieu of the cash retainer payable for service on the issuer's board of directors, pursuant to the non-employee director compensation program.