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SKYX Platforms Corp. Director's Dealing 2023

Apr 6, 2023

33953_dirs_2023-04-05_30a10651-c3e2-472b-8763-a80e423d27d5.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: 2023-04-05

Reporting Person: BOISSEAU MARC ANDRE (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-05 Common Stock, no par value A 120000 Acquired 126223 Direct
2023-04-05 Common Stock, no par value F 16879 $3.35 Disposed 109344 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-05 Stock Option (right to buy) $3.28 A 120000 Acquired 2028-04-05 Common Stock, no par value (120000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $12.34 2025-03-11 Common Stock, no par value (10000) 10000 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 three equal annual installments, beginning on April 5, 2023, the date of grant, subject to continued employment through the vesting date.

F2: Options vest in three equal annual installments, beginning on April 5, 2023, the date of grant, subject to continued employment through the vesting date.

F3: The reporting person has elected to satisfy his 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 80,000 RSUs, which will vest in equal annual installments on each of April 5, 2024 and 2025.