John P. Campi - 09 Jun 2022 Form 4 Insider Report for SQL Technologies Corp. (SKYX)

Signature
/s/ John P. Campi
Issuer symbol
SKYX
Transactions as of
09 Jun 2022
Transactions value $
$17,610
Form type
4
Filing time
13 Jun 2022, 06:04:58 UTC
Previous filing
17 May 2022
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Purchase $10.3K +5K +0.42% $2.06 1.19M 09 Jun 2022 Direct
transaction SKYX Common Stock, no par value Purchase $7.31K +3.4K +0.28% $2.15 1.2M 10 Jun 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) 120K 09 Jun 2022 Common Stock, no par value 120K $6.00 Direct
holding SKYX 6.0% Subordinated Convertible Promissory Note $100K 09 Jun 2022 Common Stock, no par value $100K $15.00 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.