MARC ANDRE BOISSEAU - 15 May 2024 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Signature
/s/ Marc Andre Boisseau
Issuer symbol
SKYX
Transactions as of
15 May 2024
Net transactions value
-$6,140
Form type
4
Filing time
15 May 2024, 18:40:53 UTC
Previous filing
05 Apr 2024
Next filing
07 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Tax liability $6,140 -5,582 -4.8% $1.10 109,528 15 May 2024 Direct F1, 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
holding SKYX Stock Option (right to buy) 120,000 15 May 2024 Common Stock, no par value 120,000 $3.28 Direct F3
holding SKYX Stock Option (right to buy) 10,000 15 May 2024 Common Stock, no par value 10,000 $12.34 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of restricted stock units ("RSUs") by directing the issuer to withhold shares otherwise issuable upon vesting of the grant.
F2 Includes 40,000 RSUs, which will vest on April 5, 2025.
F3 Options vest in three equal annual installments, beginning on April 5, 2023, the date of grant, subject to continued employment through the vesting date.