Form 4 for SKYX SKYX Platforms Corp.

Accepted 2022-09-13 00:00:00 ET · period of report 2022-09-12 · accession 0001493152-22-025685 · 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
DI	2022-09-13	2022-09-12	SKYX	SOKOLOW LEONARD J	Dir	J - Other	—	-317.7K	0	-100%	—
DMI	2022-09-13	2022-09-12	SKYX	SOKOLOW LEONARD J	Dir	J - Other	—	-231.6K	0	-100%	—

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, no par value	2022-09-12	J	D	317,656	—	I By Bridge Line Ventures	—	—	(F8) Bridge Line Ventures distributed 317,656 shares of the issuer's common stock and warrants to purchase an aggregate of 231,624 shares of the issuer's common stock to its investors, pursuant to a pro rata distribution for no consideration. The reported transaction is exempt from Section 16. (F2) These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures.
2	Derivative	Warrant (right to buy)	2022-09-12	J	D	214,957	—	I By Bridge Line Ventures	$9.80 · — to 2024-06-30	214,957 Common Stock, no par value	(F8) Bridge Line Ventures distributed 317,656 shares of the issuer's common stock and warrants to purchase an aggregate of 231,624 shares of the issuer's common stock to its investors, pursuant to a pro rata distribution for no consideration. The reported transaction is exempt from Section 16. (F2) These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures. (F4) Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80 per share, subject to adjustment provisions (including certain anti-dilution provisions).
3	Derivative	Warrant (right to buy)	2022-09-12	J	D	16,667	—	I By Bridge Line Ventures	$9.80 · — to 2024-08-31	16,667 Common Stock, no par value	(F8) Bridge Line Ventures distributed 317,656 shares of the issuer's common stock and warrants to purchase an aggregate of 231,624 shares of the issuer's common stock to its investors, pursuant to a pro rata distribution for no consideration. The reported transaction is exempt from Section 16. (F2) These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures. (F4) Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80 per share, subject to adjustment provisions (including certain anti-dilution provisions).