SKYX Platforms Corp. — Director's Dealing 2022

Mar 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SQL Technologies Corp. (SKYX)
CIK: 0001598981
Period of Report: 2022-03-11

Reporting Person: SOKOLOW LEONARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-11	Common Stock, no par value	A	17500	—	Acquired	327167	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-11	Stock Option (right to buy)	$12.34	A	17500	Acquired	2027-03-11	Common Stock, no par value (17500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, no par value	317656	Indirect
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
Warrant (right to buy)	$12	2023-12-31	Common Stock, no par value (4469)	4469	Direct
Warrant (right to buy)	$12	2024-10-26	Common Stock, no par value (1088)	1088	Direct
Warrant (right to buy)	$12	2024-11-29	Common Stock, no par value (3375)	3375	Direct
Warrant (right to buy)	$12	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)	$12	2024-10-26	Common Stock, no par value (725)	725	Indirect
Warrant (right to buy)	$12	2024-11-29	Common Stock, no par value (2250)	2250	Indirect
Warrant (right to buy)	$12	2024-12-22	Common Stock, no par value (13216)	13216	Indirect
Warrant (right to buy)	$9.8	2024-06-30	Common Stock, no par value (214957)	214957	Indirect
Warrant (right to buy)	$9.8	2024-08-31	Common Stock, no par value (16667)	16667	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: These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures.

F3: Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00, subject to adjustment provisions (including certain anti-dilution provisions).

F4: Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80, subject to adjustment provisions (including certain anti-dilution provisions). The initial exercise price of $12.00 per share was automatically adjusted pursuant to applicable anti-dilution provisions in connection with the completion of the issuer's initial public offering.

F5: The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00.

F6: 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.

F7: Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted. These options were granted pursuant to the non-employee director compensation program.

F8: Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.