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SKYX Platforms Corp. — Director's Dealing 2022
Jun 3, 2022
33953_dirs_2022-06-03_8769099c-e267-4aa1-96ad-bdf069e2df3c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SQL Technologies Corp. (SKYX)
CIK: 0001598981
Period of Report: 2022-06-01
Reporting Person: Schmidt Steven Mark (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-01 | Common Stock, no par value | F | 8912 | $3.80 | Disposed | 137755 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.1 | 2024-10-01 | Common Stock, no par value (60000) | 60000 | Direct |
| Stock Option (right to buy) | $6 | 2024-10-01 | Common Stock, no par value (60000) | 60000 | Direct |
| Stock Option (right to buy) | $12 | 2026-06-01 | Common Stock, no par value (100000) | 100000 | Direct |
Footnotes
F1: Includes 50,000 shares of restricted stock that will vest in two equal annual installments on each of June 1, 2023 and 2024, subject to continued employment.
F2: These options were granted on October 1, 2019 and vest in three equal annual installments of 20,000 shares beginning on the first anniversary of the date of grant. Options are subject to continued service through the applicable vesting date.
F3: These options were granted on June 1, 2021 and vest in four equal annual installments of 25,000 shares beginning on the date of grant. Options are subject to continued service through the applicable vesting date.
F4: The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the issuer to withhold shares otherwise issuable upon vesting of the previously reported grant.