Dov Shiff - Dec 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
Dec 31, 2023
Transactions value $
$7,500
Form type
4
Date filed
1/3/2024, 06:02 AM
Previous filing
Oct 10, 2023
Next filing
Apr 10, 2024

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 +4.46K +0.31% $1.68 1.46M Dec 31, 2023 Direct F1, F8
holding SKYX Common Stock, no par value 13.3M Dec 31, 2023 By DZDLUX s.a.r.l. F1, F3
holding SKYX Common Stock, no par value 236K Dec 31, 2023 By Shiff Group Assets F1, F4
holding SKYX Common Stock, no par value 40K Dec 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 Dec 31, 2023 Common Stock, no par value 25K $12.00 Direct
holding SKYX Stock Option (right to buy) 25K Dec 31, 2023 Common Stock, no par value 25K $12.00 Direct
holding SKYX Stock Option (right to buy) 25K Dec 31, 2023 Common Stock, no par value 25K $12.00 Direct
holding SKYX Stock Option (right to buy) 5K Dec 31, 2023 Common Stock, no par value 5K $12.34 Direct
holding SKYX Stock Option (right to buy) 5K Dec 31, 2023 Common Stock, no par value 5K $3.28 Direct F7
holding SKYX 6.0% Subordinated Convertible Promissory Note $600K Dec 31, 2023 Common Stock, no par value $600K $15.00 By Shiff Group F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person transferred shares of common stock from his personal accounts to entities controlled by the reporting person.
F2 These securities are owned by Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.
F3 These securities are owned by DZDLUX s.a.r.l., of which the reporting person is a controlling person.
F4 These securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
F5 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.
F6 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.
F7 Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.
F8 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.