Form 4 for SKYH Sky Harbour Group Corp

Accepted 2022-01-27 00:00:00 ET · period of report 2022-01-25 · accession 0001062993-22-001726 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-01-27	2022-01-25	SKYH	Keinan Tal	CEO, Dir, 10%	A - Grant	—	+17.94M	17.94M	New	—
D	2022-01-27	2022-01-25	SKYH	Keinan Tal	CEO, Dir, 10%	A - Grant	—	+17.94M	17.94M	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock	2022-01-25	A	A	17,943,792	—	17,943,792	D	—	—	(F1) In connection with the closing of the business combination between Yellowstone Acquisition Company and Sky Harbour LLC ("Sky") on January 25, 2022, certain existing equity interests previously issued by Sky were reclassified and reissued by Sky into new Common Units. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock of the Issuer. Holders of Class B Common Stock are entitled to voting rights but have no economic rights.
2	Derivative	Common Units	2022-01-25	A	A	17,943,792	—	17,943,792	D	— · — to —	17,943,792 Class A Common Stock	(F1) In connection with the closing of the business combination between Yellowstone Acquisition Company and Sky Harbour LLC ("Sky") on January 25, 2022, certain existing equity interests previously issued by Sky were reclassified and reissued by Sky into new Common Units. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock of the Issuer. Holders of Class B Common Stock are entitled to voting rights but have no economic rights. (F2) Subject to the terms of the Third Amended and Restated Operating Agreement of Sky, the Common Units of Sky may be tendered for redemption by the Reporting Person for shares of the Issuer's Class A Common Stock on a one-to-one basis. The Common Units do not expire.