Form 4 for SKYX SKYX Platforms Corp.

Accepted 2023-04-06 00:00:00 ET · period of report 2023-04-05 · accession 0001493152-23-011143 · 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	2023-04-06	2023-04-05	SKYX	SOKOLOW LEONARD J	Dir	A - Grant	$0.00	+17.5K	376.2K	+5%	$0
D	2023-04-06	2023-04-05	SKYX	SOKOLOW LEONARD J	Dir	A - Grant	$0.00	+17.5K	17.5K	New	$0

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	2023-04-05	A	A	17,500	$0.00	376,217	D	—	—	(F8) Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program. (F6) Includes 30,250 restricted shares granted in consideration for services to be provided to the issuer pursuant to a corporate advisory agreement between the issuer and Newbridge Securities Corporation dated November 9, 2022. The restricted shares vest on the following schedule: one quarter of the shares on each of November 9, 2022 and the six-, 12- and 18-month anniversaries of such date. If the agreement is terminated prior to its expiration, any shares that have not vested as of such date will be forfeited.
2	Derivative	Stock Option (right to buy)	2023-04-05	A	A	17,500	$0.00	17,500	D	$3.28 · 2023-04-30 to 2028-04-05	17,500 Common Stock, no par value	(F7) 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.