Steven Mark Schmidt - 30 Jun 2025 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Role: President
Signature: /s/ Marc-Andre Boisseau for Steven Mark Schmidt by Power of Attorney
Issuer symbol: SKYX
Transactions as of: 30 Jun 2025
Transactions value $: -$7,114
Form type: 4
Filing time: 01 Jul 2025, 16:45:23 UTC
Previous filing: 31 Mar 2025
Next filing: 01 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Schmidt Steven Mark	President	C/O SKYX PLATFORMS CORP., 2855 W. MCNAB ROAD, POMPANO BEACH	/s/ Marc-Andre Boisseau for Steven Mark Schmidt by Power of Attorney	01 Jul 2025	0001324561

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKYX	Common Stock, no par value	Tax liability	-$7.11K	-5.93K	-1.19%	$1.20	490K	30 Jun 2025	Direct	F1, F6

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)						100K	30 Jun 2025	Common Stock, no par value	100K	$12.00	Direct	F2
holding	SKYX	Stock Option (right to buy)						250K	30 Jun 2025	Common Stock, no par value	250K	$0.90	Direct	F3
holding	SKYX	Stock Option (right to buy)						100K	30 Jun 2025	Common Stock, no par value	100K	$1.09	Direct	F4
holding	SKYX	Series A-1 Preferred Stock						20K	30 Jun 2025	Common Stock, no par value	250K		Direct	F5

* 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 his tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") by directing the issuer to withhold shares otherwise issuable upon vesting of the grants.
F2	These options were granted on June 1, 2021 and vested in four equal annual installments of 25,000 shares beginning on the date of grant.
F3	These options vest as follows, subject to continued employment through the vesting date: 10,000 vested on December 20, 2024, and the remaining 240,000 vest in equal quarterly installments of 20,000 beginning December 31, 2024.
F4	These options vest in two equal annual installments, beginning on January 1, 2025, subject to continued employment through the vesting date.
F5	The Series A-1 Preferred Stock (the "Preferred Stock") has an original issue price of $25.00 per share and is convertible at any time, at the holder's option, into shares of the issuer's common stock at an initial conversion price of $2.00 per share (or 12.5 shares of common stock for each share of Preferred Stock), subject to adjustment provisions (including certain anti-dilution provisions) and a minimum conversion price of $1.20 per share. Until October 4, 2026, the Preferred Stock is subject to mandatory conversion by the issuer upon the occurrence of certain specified events. In addition, the issuer may redeem the Preferred Stock for cash upon the occurrence of certain events or at any time beginning October 4, 2027. The Preferred Stock has no expiration date.
F6	Includes 230,000 RSUs, which vest as follows, subject to continued employment through the vesting date: (i) 180,000 vest in equal quarterly installments of 20,000 beginning September 30, 2025, and (ii) 50,000 vest on January 1, 2026.