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SKYX Platforms Corp. — Director's Dealing 2023
Aug 9, 2023
33953_dirs_2023-08-09_bef85df9-de18-4063-99e2-5e825077baf7.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: 2023-08-04
Reporting Person: BARRON PATRICIA ANN (Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-04 | Common Stock, no par value | A | 100000 | — | Acquired | 200000 | Direct |
| 2023-08-04 | Common Stock, no par value | F | 12159 | $2.17 | Disposed | 187841 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-04 | Stock Option (right to buy) | $2.08 | A | 100000 | Acquired | 2028-08-04 | Common Stock, no par value (100000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.6 | 2025-11-15 | Common Stock, no par value (200000) | 200000 | Direct |
| Stock Option (right to buy) | $1.2 | 2025-11-15 | Common Stock, no par value (150000) | 150000 | Direct |
| Stock Option (right to buy) | $1.8 | 2025-11-15 | Common Stock, no par value (150000) | 150000 | Direct |
| Stock Option (right to buy) | $3.00 | 2027-04-19 | Common Stock, no par value (50000) | 50000 | Direct |
| Stock Option (right to buy) | $4.00 | 2027-04-19 | Common Stock, no par value (50000) | 50000 | Direct |
| Stock Option (right to buy) | $6.00 | 2024-09-01 | Common Stock, no par value (100000) | 100000 | Direct |
Footnotes
F1: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest in four equal annual installments, beginning on August 4, 2023, the date of grant, subject to continued employment through the vesting date.
F2: Options vest in four equal annual installments, beginning on August 4, 2023, the date of grant, subject to continued employment through the vesting date.
F3: The reporting person has elected to satisfy her tax withholding obligation in connection with the vesting of RSUs by directing the issuer to withhold shares otherwise issuable upon vesting of the grant.
F4: Includes 75,000 RSUs, which will vest in equal annual installments on each of August 4, 2024, 2025 and 2026.