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SKYX Platforms Corp. Director's Dealing 2025

Jan 3, 2025

33953_dirs_2025-01-03_1f1d18bf-01cf-4730-9ae4-55a43f16102a.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: 2023-05-01

Reporting Person: Ridge Thomas J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-01 Common Stock, no par value C 200000 Acquired 1001217 Direct
2023-06-30 Common Stock, no par value A 2808 $2.67 Acquired 1004025 Direct
2023-09-30 Common Stock, no par value A 5281 $1.42 Acquired 1009306 Direct
2023-12-31 Common Stock, no par value A 4464 $1.68 Acquired 1013770 Direct
2024-04-04 Common Stock, no par value A 5000 Acquired 1018770 Direct
2024-12-31 Common Stock, no par value A 25000 $1.20 Acquired 1043770 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-01 Series A Convertible Preferred Stock $ C 200000 Disposed Common Stock, no par value (200000) Direct
2024-04-04 Stock Option (right to buy) $1.09 A 5000 Acquired 2029-04-04 Common Stock, no par value (5000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $3 2027-04-19 Common Stock, no par value (166667) 166667 Direct
Stock Option (right to buy) $4 2027-04-19 Common Stock, no par value (166667) 166667 Direct
Stock Option (right to buy) $5 2027-04-19 Common Stock, no par value (166666) 166666 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

Footnotes

F1: The reporting person elected to convert all shares of Series A Convertible Preferred Stock held into shares of common stock. The Series A Convertible Preferred Stock was convertible at any time, at the holder's election, on a one-for-one basis, and had no expiration date.

F2: 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.

F3: Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted. These options were granted pursuant to the non-employee director compensation program.

F4: Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.