Thomas J. Ridge - 09 Feb 2022 Form 3 Insider Report for SQL Technologies Corp. (SKYX)

Role
Director
Signature
/s/ Thomas J. Ridge
Issuer symbol
SKYX
Transactions as of
09 Feb 2022
Transactions value $
$0
Form type
3
Filing time
09 Feb 2022, 19:50:23 UTC
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKYX Common Stock, no par value 780,000 09 Feb 2022 Direct

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) 09 Feb 2022 Common Stock, no par value 166,667 $3.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 166,667 $4.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 166,666 $5.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 25,000 $3.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 25,000 $3.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 25,000 $12.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 25,000 $12.00 Direct
holding SKYX Stock Option (right to buy) 09 Feb 2022 Common Stock, no par value 25,000 $12.00 Direct
holding SKYX Series A Convertible Preferred Stock 09 Feb 2022 Common Stock, no par value 200,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible at any time, at the holder's election, on a one-for-one basis, and has no expiration date. The issuer may repurchase any or all of the Preferred Stock at any time, if certain conditions are met. Holders of the Preferred Stock may require the issuer to repurchase some or all of their shares of Preferred Stock.