Steven Mark Schmidt Power - 01 Jun 2022 Form 4 Insider Report for SQL Technologies Corp. (SKYX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jun 2022, 06:11:05 UTC
Prior SEC filing
16 May 2022
Next SEC filing
05 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven Mark Schmidt
Filing notes and source

Key filing fact

Steven Mark Schmidt Power filed Form 4 for SQL Technologies Corp. (SKYX) on 03 Jun 2022.

Key facts

  • This page summarizes Steven Mark Schmidt Power's Form 4 filing for SQL Technologies Corp. (SKYX).
  • 1 reported transaction and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Jun 2022, 06:11.

Change

  • Previous filing in this sequence was filed on 16 May 2022.
  • Current net transaction value: -$33,866.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKYX transaction

Common Stock, no par value

Tax liability

Transaction value
$33,866
Shares
-8,912
Change %
-6.1%
Price
$3.80
Shares after
137,755
Date
01 Jun 2022
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKYX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
60,000
Date
01 Jun 2022
Ownership
Direct
Underlying class
Common Stock, no par value
Underlying amount
60,000
Exercise price
$0.1000
Footnotes
F2
SKYX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
60,000
Date
01 Jun 2022
Ownership
Direct
Underlying class
Common Stock, no par value
Underlying amount
60,000
Exercise price
$6.00
Footnotes
F2
SKYX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100,000
Date
01 Jun 2022
Ownership
Direct
Underlying class
Common Stock, no par value
Underlying amount
100,000
Exercise price
$12.00
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes 50,000 shares of restricted stock that will vest in two equal annual installments on each of June 1, 2023 and 2024, subject to continued employment.

Footnote F2

These options were granted on October 1, 2019 and vest in three equal annual installments of 20,000 shares beginning on the first anniversary of the date of grant. Options are subject to continued service through the applicable vesting date.

Footnote F3

These options were granted on June 1, 2021 and vest in four equal annual installments of 25,000 shares beginning on the date of grant. Options are subject to continued service through the applicable vesting date.

Footnote F4

The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the issuer to withhold shares otherwise issuable upon vesting of the previously reported grant.

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