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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.