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SKYX Platforms Corp. Director's Dealing 2025

Nov 18, 2025

33953_dirs_2025-11-18_a2578853-9224-48c3-8e13-a59b94fc0571.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: 2025-11-14

Reporting Person: SOKOLOW LEONARD J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-11-14 Common Stock, no par value M 150000 $0.6 Acquired 849220 Direct
2025-11-14 Common Stock, no par value F 50279 $1.79 Disposed 798941 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-11-14 Stock Option (right to buy) $0.6 M 150000 Disposed 2025-11-15 Common Stock, no par value (150000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
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) $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
Stock Option (right to buy) $12.34 2027-03-11 Common Stock, no par value (17500) 17500 Direct
Stock Option (right to buy) $3.28 2028-04-05 Common Stock, no par value (17500) 17500 Direct
Stock Option (right to buy) $1.58 2028-09-12 Common Stock, no par value (450000) 450000 Direct
Stock Option (right to buy) $1.26 2030-03-27 Common Stock, no par value (150000) 150000 Direct
Subordinated Convertible Promissory Note $3 2025-05-16 Common Stock, no par value () Direct
Series A-1 Preferred Stock $ Common Stock, no par value (208334) 10000 Direct

Footnotes

F1: The principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at the holder's discretion at the conversion price of $3.00 per share.

F2: Represents the principal amount of the convertible note and excludes interest that may accrue. Beginning January 1, 2024, the note accrues interest at a rate of 10.0% per annum, which is payable annually, in cash or common stock, at the holder's discretion. Prior to such date, the note accrued interest at a rate of 6.0% per annum.

F3: Options vest over 3.5 years as follows, subject to continued employment through the vesting date: 120,000 vested on September 12, 2023; 300,000 vest in six semi-annual installments of 50,000, beginning on March 12, 2024; and 30,000 vest on March 12, 2027.

F4: Options vest in three equal annual installments, beginning on March 27, 2025, the grant date, subject to continued employment through the vesting date.

F5: The Series A-1 Preferred Stock (the "Preferred Stock") has an original issue price of $25.00 per share and is convertible at any time, at the holder's option, into shares of the issuer's common stock at an adjusted conversion price of $1.20 per share (or approximately 20.83 shares of common stock for each share of Preferred Stock). Until October 4, 2026, the Preferred Stock is subject to mandatory conversion by the issuer upon the occurrence of certain specified events. In addition, the issuer may redeem the Preferred Stock for cash upon the occurrence of certain events or at any time beginning October 4, 2027. The Preferred Stock has no expiration date.

F6: Reflects shares surrendered in connection with the exercise of stock options.

F7: Includes 130,000 RSUs, which will vest as follows, subject to continued employment through the vesting date: 100,000 in two semi-annual installments of 50,000 beginning on March 12, 2026 and 30,000 on March 12, 2027.