Leonard J. Sokolow - Sep 30, 2022 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Role
Director
Signature
/s/ Leonard J. Sokolow
Stock symbol
SKYX
Transactions as of
Sep 30, 2022
Transactions value $
$7,498
Form type
4
Date filed
10/4/2022, 06:08 AM
Previous filing
Sep 13, 2022
Next filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Award $7.5K +2.03K +0.61% $3.69 333K Sep 30, 2022 Direct F7
holding SKYX Common Stock, no par value 3.6K Sep 30, 2022 By Newbridge Securities Corporation F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SKYX Stock Option (right to buy) 150K Sep 30, 2022 Common Stock, no par value 150K $0.60 Direct
holding SKYX Stock Option (right to buy) 150K Sep 30, 2022 Common Stock, no par value 150K $3.00 Direct
holding SKYX Stock Option (right to buy) 150K Sep 30, 2022 Common Stock, no par value 150K $4.00 Direct
holding SKYX Stock Option (right to buy) 100K Sep 30, 2022 Common Stock, no par value 100K $3.00 Direct
holding SKYX Stock Option (right to buy) 100K Sep 30, 2022 Common Stock, no par value 100K $3.00 Direct
holding SKYX Stock Option (right to buy) 100K Sep 30, 2022 Common Stock, no par value 100K $12.00 Direct
holding SKYX Stock Option (right to buy) 100K Sep 30, 2022 Common Stock, no par value 100K $12.00 Direct
holding SKYX Stock Option (right to buy) 100K Sep 30, 2022 Common Stock, no par value 100K $12.00 Direct
holding SKYX Stock Option (right to buy) 17.5K Sep 30, 2022 Common Stock, no par value 17.5K $12.34 Direct F6
holding SKYX Warrant (right to buy) 4.47K Sep 30, 2022 Common Stock, no par value 4.47K $12.00 Direct F2
holding SKYX Warrant (right to buy) 1.09K Sep 30, 2022 Common Stock, no par value 1.09K $9.80 Direct F3
holding SKYX Warrant (right to buy) 3.38K Sep 30, 2022 Common Stock, no par value 3.38K $9.80 Direct F3
holding SKYX Warrant (right to buy) 19.8K Sep 30, 2022 Common Stock, no par value 19.8K $9.80 Direct F3
holding SKYX Warrant (right to buy) 5.67K Sep 30, 2022 Common Stock, no par value 5.67K $12.00 By Newbridge Securities Corporation F1, F2
holding SKYX Warrant (right to buy) 725 Sep 30, 2022 Common Stock, no par value 725 $9.80 By Newbridge Securities Corporation F1, F3
holding SKYX Warrant (right to buy) 2.25K Sep 30, 2022 Common Stock, no par value 2.25K $9.80 By Newbridge Securities Corporation F1, F3
holding SKYX Warrant (right to buy) 13.2K Sep 30, 2022 Common Stock, no par value 13.2K $9.80 By Newbridge Securities Corporation F1, F3
holding SKYX 6.0% Subordinated Convertible Promissory Note $250K Sep 30, 2022 Common Stock, no par value $250K $15.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are owned by Newbridge Securities Corporation. The reporting person is the Chief Executive Officer and President of Newbridge Financial, Inc. and Chairman of Newbridge Securities Corporation, its broker dealer subsidiary.
F2 Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00 per share, subject to adjustment provisions (including certain anti-dilution provisions).
F3 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).
F4 The principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00 per share.
F5 Represents the principal amount of the convertible note and excludes interest that may accrue. Interest on the note is payable annually, in cash or common stock, at the holder's discretion.
F6 Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.
F7 The reporting person has elected to receive shares of the issuer's common stock in lieu of the cash retainer payable for service on the issuer's board of directors, pursuant to the non-employee director compensation program.