Form 4 for SKYX SKYX Platforms Corp.

Accepted 2022-02-16 00:00:00 ET · period of report 2022-02-14 · accession 0001493152-22-004764 · 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	2022-02-16	2022-02-14	SKYX	Shiff Dov	Dir, 10%	C - Cnv Deriv	—	+2.60M	3.85M	+207%	—
DI	2022-02-16	2022-02-14	SKYX	Shiff Dov	Dir, 10%	P - Purchase	$14.00	+235.7K	235.7K	New	+$3.30M
DI	2022-02-16	2022-02-14	SKYX	Shiff Dov	Dir, 10%	C - Cnv Deriv	—	-2.60M	0	-100%	—

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	Common Stock, no par value	2022-02-14	C	A	2,600,000	—	3,855,000	D By Shiff Group Assets	—	—	(F3) In connection with the consummation of the issuer's initial public offering, which closed on February 14, 2022, 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 securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
2	Common	Common Stock, no par value	2022-02-14	P	A	235,712	$14.00	235,712	I	—	—
3	Derivative	Series A Convertible Preferred Stock	2022-02-14	C	D	2,600,000	—	0	I By Shiff Group	— · — to —	2,600,000 Common Stock, no par value	(F3) In connection with the consummation of the issuer's initial public offering, which closed on February 14, 2022, 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. (F1) These securities are owned by Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.