Home/Filings/4/0001493152-23-011590
4//SEC Filing

Shiff Dov 4

Accession 0001493152-23-011590

CIK 0001598981other

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:04 PM ET

Size

18.1 KB

Accession

0001493152-23-011590

Insider Transaction Report

Form 4
Period: 2023-04-05
Shiff Dov
Director10% Owner
Transactions
  • Award

    Stock Option (right to buy)

    2023-04-05+5,0005,000 total
    Exercise: $3.28From: 2023-04-30Exp: 2028-04-05Common Stock, no par value (5,000 underlying)
  • Award

    Common Stock, no par value

    2023-04-05+5,0003,903,522 total
Holdings
  • Common Stock, no par value

    (indirect: By Shiff Group Assets)
    235,712
  • Stock Option (right to buy)

    Exercise: $12.00From: 2021-12-31Exp: 2026-12-31Common Stock, no par value (25,000 underlying)
    25,000
  • 6.0% Subordinated Convertible Promissory Note

    (indirect: By Shiff Group)
    Exercise: $15.00Exp: 2023-11-03Common Stock, no par value
  • Common Stock, no par value

    (indirect: By Spouse)
    40,000
  • Stock Option (right to buy)

    Exercise: $12.00From: 2020-01-01Exp: 2025-01-01Common Stock, no par value (25,000 underlying)
    25,000
  • Stock Option (right to buy)

    Exercise: $12.00From: 2020-12-31Exp: 2025-12-31Common Stock, no par value (25,000 underlying)
    25,000
  • Common Stock, no par value

    (indirect: By Shiff Group)
    10,817,072
  • Stock Option (right to buy)

    Exercise: $3.00From: 2019-01-01Exp: 2024-01-01Common Stock, no par value (25,000 underlying)
    25,000
  • Stock Option (right to buy)

    Exercise: $12.34From: 2022-03-31Exp: 2027-03-11Common Stock, no par value (5,000 underlying)
    5,000
Footnotes (6)
  • [F1]These securities are owned by Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.
  • [F2]The securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
  • [F3]The principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00 per share.
  • [F4]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.
  • [F5]Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted. These options were granted pursuant to the non-employee director compensation program.
  • [F6]Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.

Documents

1 file

Issuer

SKYX Platforms Corp.

CIK 0001598981

Entity typeother

Related Parties

1
  • filerCIK 0001630761

Filing Metadata

Form type
4
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 5:04 PM ET
Size
18.1 KB