Form 4 for SKYH Sky Harbour Group Corp

Accepted 2022-01-27 00:00:00 ET · period of report 2022-01-25 · accession 0001213900-22-003971 · 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
I	2022-01-27	2022-01-25	SKYH	Rozek Alexander Buffett	Dir, 10%	J - Other	—	+5.50M	13.40M	+70%	—
MI	2022-01-27	2022-01-25	SKYH	Rozek Alexander Buffett	Dir, 10%	C - Cnv Deriv	—	+3.40M	7.90M	+76%	—
I	2022-01-27	2022-01-25	SKYH	Rozek Alexander Buffett	Dir, 10%	P - Purchase	$10.00	+4.50M	4.50M	New	+$45.00M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A common stock	2022-01-25	J	A	5,500,000	—	13,399,724	I See Footnote 4	—	—	(F4) 5,500,000 of the reported shares were issued in connection with the automatic conversion of Series B Preferred Units of Sky Harbour LLC purchased in August 2021 and which convert to 5,500,000 shares of Class A common stock upon the closing of the Business Combination. These shares are held by Boston Omaha Corporation and Alex B. Rozek is a director of Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by Boston Omaha Corporation. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation.
2	Common	Class A common stock	2022-01-25	C	A	3,193,474	—	7,693,474	I See Footnote 2	—	—	(F2) 3,193,474 of the reported shares were issued in connection with the automatic conversion of an equal number of shares of Class B common stock which converted to Class A common stock upon the closing of the Business Combination. These shares are held directly by BOC Yellowstone I and Alex B. Rozek is a manager of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation.
3	Common	Class A common stock	2022-01-25	P	A	4,500,000	$10.00	4,500,000	I See Footnote 1	—	—	(F1) Consists of 4,500,000 shares of Class A common stock purchased by Boston Omaha Corporation upon the closing of the business combination between Yellowstone Acquisition Company and Sky Harbour LLC (the "Business Combination"). Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation.
4	Common	Class A common stock	2022-01-25	C	A	206,250	—	7,899,724	I See Footnote 3	—	—	(F3) 206,250 of the reported shares and their applicable underlying derivative securities are held directly by BOC Yellowstone II LLC. BOC Yellowstone LLC is the sole managing member of BOC Yellowstone II LLC, and Alex B. Rozek is a manager of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone II LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone II LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.