MARC ANDRE BOISSEAU - 11 Mar 2022 Form 4 Insider Report for SQL Technologies Corp. (SKYX)

Signature
/s/ Marc Andre Boisseau
Issuer symbol
SKYX
Transactions as of
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
14 Mar 2022, 16:37:45 UTC
Previous filing
09 Feb 2022
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Award $0 +10,000 $0.000000 10,000 11 Mar 2022 Direct 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
transaction SKYX Stock Option (right to buy) Award $0 +10,000 $0.000000 10,000 11 Mar 2022 Common Stock, no par value 10,000 $12.34 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest in four equal quarterly installments, beginning March 31, 2022, subject to continued employment through the vesting date. These options were granted pursuant to the reporting person's employment agreement with the issuer.
F2 Represents shares of restricted stock, which will vest in four equal quarterly installments, beginning March 31, 2022, subject to continued employment through the vesting date. These restricted shares were granted pursuant to the reporting person's employment agreement with the issuer.

Remarks:

Power of Attorney is attached hereto as Exhibit 24.