SKYX Platforms Corp. — Director's Dealing 2023

Jul 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYX Platforms Corp. (SKYX)
CIK: 0001598981
Period of Report: 2023-06-30

Reporting Person: Shiff Dov (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-30	Common Stock, no par value	A	2808	$2.67	Acquired	3906330	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, no par value	10817072	Indirect
Common Stock, no par value	235712	Indirect
Common Stock, no par value	40000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$3	2024-01-01	Common Stock, no par value (25000)	25000	Direct
Stock Option (right to buy)	$12	2025-01-01	Common Stock, no par value (25000)	25000	Direct
Stock Option (right to buy)	$12	2025-12-31	Common Stock, no par value (25000)	25000	Direct
Stock Option (right to buy)	$12	2026-12-31	Common Stock, no par value (25000)	25000	Direct
Stock Option (right to buy)	$12.34	2027-03-11	Common Stock, no par value (5000)	5000	Direct
Stock Option (right to buy)	$3.28	2028-04-05	Common Stock, no par value (5000)	5000	Direct
6.0% Subordinated Convertible Promissory Note	$15	2023-11-03	Common Stock, no par value ()		Indirect

Footnotes

F1: These securities are owned by Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.

F2: The securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.

F3: 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.

F4: 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.

F5: Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.

F6: 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.