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SKYX Platforms Corp. Director's Dealing 2023

Jun 5, 2023

33953_dirs_2023-06-05_64de2bae-8201-4c0c-8d54-0b0d8fb92818.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: 2023-06-01

Reporting Person: Schmidt Steven Mark (President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-01 Common Stock, no par value F 8912 $3.2 Disposed 128843 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 25,000 shares of restricted stock that will vest on June 1, 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.