John P. Campi - 15 Dec 2023 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Role
Co-Chief Executive Officer
Signature
/s/ John P. Campi
Issuer symbol
SKYX
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
15 Dec 2023, 16:15:20 UTC
Previous filing
13 Jun 2022
Next filing
01 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Gift $0 -400,000 -33% $0.000000 797,685 15 Dec 2023 Direct F3

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) 120,000 15 Dec 2023 Common Stock, no par value 120,000 $6.00 Direct
holding SKYX 6.0% Subordinated Convertible Promissory Note $100,000 15 Dec 2023 Common Stock, no par value $100,000 $15.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00.
F2 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.
F3 Shares were gifted to family members who do not share the reporting person's household.