Dov Shiff - Mar 31, 2023 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Role: Director, 10%+ Owner
Signature: /s/ Dov Shiff
Stock symbol: SKYX
Transactions as of: Mar 31, 2023
Transactions value $: $7,500
Form type: 4
Date filed: 4/4/2023, 09:03 PM
Previous filing: Jan 4, 2023
Next filing: Apr 7, 2023

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	+2.17K	+0.06%	$3.45	3.9M	Mar 31, 2023	Direct	F5
holding	SKYX	Common Stock, no par value						10.8M	Mar 31, 2023	By Shiff Group	F1
holding	SKYX	Common Stock, no par value						236K	Mar 31, 2023	By Shiff Group Assets	F2
holding	SKYX	Common Stock, no par value						40K	Mar 31, 2023	By Spouse

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)						25K	Mar 31, 2023	Common Stock, no par value	25K	$3.00	Direct
holding	SKYX	Stock Option (right to buy)						25K	Mar 31, 2023	Common Stock, no par value	25K	$12.00	Direct
holding	SKYX	Stock Option (right to buy)						25K	Mar 31, 2023	Common Stock, no par value	25K	$12.00	Direct
holding	SKYX	Stock Option (right to buy)						25K	Mar 31, 2023	Common Stock, no par value	25K	$12.00	Direct
holding	SKYX	Stock Option (right to buy)						5K	Mar 31, 2023	Common Stock, no par value	5K	$12.34	Direct
holding	SKYX	6.0% Subordinated Convertible Promissory Note						$600K	Mar 31, 2023	Common Stock, no par value	$600K	$15.00	By Shiff Group	F1, F3, F4

* 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 Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.
F2	The securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
F3	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.
F4	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.
F5	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.