Patricia Ann Barron - Aug 4, 2024 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Role
Chief Operations Officer
Signature
/s/ Marc-Andre Boisseau for Patricia Ann Barron by Power of Attorney
Stock symbol
SKYX
Transactions as of
Aug 4, 2024
Transactions value $
-$8,785
Form type
4
Date filed
8/6/2024, 07:47 AM
Previous filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Tax liability -$8.79K -8.79K -4.68% $1.00 179K Aug 4, 2024 Direct F1, F2

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) 200K Aug 4, 2024 Common Stock, no par value 200K $0.60 Direct
holding SKYX Stock Option (right to buy) 150K Aug 4, 2024 Common Stock, no par value 150K $1.20 Direct
holding SKYX Stock Option (right to buy) 150K Aug 4, 2024 Common Stock, no par value 150K $1.80 Direct
holding SKYX Stock Option (right to buy) 50K Aug 4, 2024 Common Stock, no par value 50K $3.00 Direct
holding SKYX Stock Option (right to buy) 50K Aug 4, 2024 Common Stock, no par value 50K $4.00 Direct
holding SKYX Stock Option (right to buy) 100K Aug 4, 2024 Common Stock, no par value 100K $6.00 Direct
holding SKYX Stock Option (right to buy) 100K Aug 4, 2024 Common Stock, no par value 100K $2.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to satisfy her tax withholding obligation in connection with the vesting of restricted stock units ("RSUs") by directing the issuer to withhold shares otherwise issuable upon vesting of the grant.
F2 Includes 50,000 RSUs, which will vest in equal annual installments on each of August 4, 2025 and 2026.
F3 Options vest in four equal annual installments, beginning on August 4, 2023, the date of grant, subject to continued employment through the vesting date.

Remarks:

Power of Attorney is attached hereto as Exhibit 24.