Ridge Thomas J 4
4 · SKYX Platforms Corp. · Filed Apr 11, 2023
Insider Transaction Report
Form 4
Ridge Thomas J
Director
Transactions
- Award
Common Stock, no par value
2023-03-31$3.45/sh+2,174$7,500→ 796,217 total
Holdings
- 5,000
Stock Option (right to buy)
Exercise: $12.34From: 2022-03-31Exp: 2027-03-11→ Common Stock, no par value (5,000 underlying) - 166,667
Stock Option (right to buy)
Exercise: $4.00From: 2018-12-31Exp: 2027-04-19→ Common Stock, no par value (166,667 underlying) - 25,000
Stock Option (right to buy)
Exercise: $3.00From: 2019-01-01Exp: 2024-01-01→ Common Stock, no par value (25,000 underlying) - 166,667
Stock Option (right to buy)
Exercise: $3.00From: 2017-12-31Exp: 2027-04-19→ Common Stock, no par value (166,667 underlying) - 25,000
Stock Option (right to buy)
Exercise: $12.00From: 2020-01-01Exp: 2025-01-01→ Common Stock, no par value (25,000 underlying) - 166,666
Stock Option (right to buy)
Exercise: $5.00From: 2019-12-31Exp: 2027-04-19→ Common Stock, no par value (166,666 underlying) - 25,000
Stock Option (right to buy)
Exercise: $12.00From: 2020-12-31Exp: 2025-12-31→ Common Stock, no par value (25,000 underlying) - 25,000
Stock Option (right to buy)
Exercise: $12.00From: 2021-12-31Exp: 2026-12-31→ Common Stock, no par value (25,000 underlying) - 200,000
Series A Convertible Preferred Stock
→ Common Stock, no par value (200,000 underlying)
Footnotes (2)
- [F1]The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible into shares of common stock at any time, at the holder's election, on a one-for-one basis, and has no expiration date. The issuer may repurchase any or all of the Preferred Stock at any time, if certain conditions are met. Holders of the Preferred Stock may require the issuer to repurchase some or all of their shares of Preferred Stock.
- [F2]The reporting person has elected to receive shares of the issuer's common stock in lieu of the cash retainer payable for service on the issuer's board of directors, pursuant to the non-employee director compensation program.