BOISSEAU MARC ANDRE 4
4 · SKYX Platforms Corp. · Filed Apr 5, 2023
Insider Transaction Report
Form 4
BOISSEAU MARC ANDRE
Chief Financial Officer
Transactions
- Award
Common Stock, no par value
2023-04-05+120,000→ 126,223 total - Tax Payment
Common Stock, no par value
2023-04-05$3.35/sh−16,879$56,545→ 109,344 total - Award
Stock Option (right to buy)
2023-04-05+120,000→ 120,000 totalExercise: $3.28From: 2023-04-05Exp: 2028-04-05→ Common Stock, no par value (120,000 underlying)
Holdings
- 10,000
Stock Option (right to buy)
Exercise: $12.34From: 2022-03-31Exp: 2025-03-11→ Common Stock, no par value (10,000 underlying)
Footnotes (4)
- [F1]Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments, beginning on April 5, 2023, the date of grant, subject to continued employment through the vesting date.
- [F2]Options vest in three equal annual installments, beginning on April 5, 2023, the date of grant, subject to continued employment through the vesting date.
- [F3]The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of RSUs by directing the issuer to withhold shares otherwise issuable upon vesting of the grant.
- [F4]Includes 80,000 RSUs, which will vest in equal annual installments on each of April 5, 2024 and 2025.