Michael D. O'Sullivan - Mar 31, 2023 Form 4 Insider Report for AgEagle Aerial Systems Inc. (UAVS)

Role: Chief Commercial Officer
Signature: /s/ Michael D. O'Sullivan
Stock symbol: UAVS
Transactions as of: Mar 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/4/2023, 05:24 PM
Previous filing: Mar 31, 2023
Next filing: May 15, 2023

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
transaction	UAVS	Options to purchase common stock, par value $0.001per share	Award		+25K	+83.33%		55K	Mar 31, 2023	Common Stock	25K	$0.45	Direct	F1, F2, F3

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options become exercisable and vest in equal monthly installments over a two-year period commencing on the Transaction Date.
F2	The options were issued as incentive compensation for services under the Company's 2017 Omnibus Equity Incentive Plan.
F3	Aggregate number of stock options beneficially owned as of the Transaction Date irrespective of exercise price and expiration date.