John P. Campi - 14 Feb 2022 Form 4 Insider Report for SQL Technologies Corp. (SKYX)

Role
Chief Executive Officer
Signature
/s/ John P. Campi
Issuer symbol
SKYX
Transactions as of
14 Feb 2022
Transactions value $
$199,990
Form type
4
Filing time
14 Feb 2022, 11:56:34 UTC
Previous filing
09 Feb 2022
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Purchase $199,990 +14,285 +1.22% $14* 1,184,285 14 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) 120,000 14 Feb 2022 Common Stock, no par value 120,000 $6 Direct
holding SKYX 6.0% Subordinated Convertible Promissory Note $100,000 14 Feb 2022 Common Stock, no par value $100,000 $15 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00.
F2 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.

Remarks:

Power of Attorney is attached hereto as Exhibit 24.