4//SEC Filing
Shiff Dov 4
Accession 0001493152-23-036744
CIK 0001598981other
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 4:15 PM ET
Size
15.7 KB
Accession
0001493152-23-036744
Insider Transaction Report
Form 4
Shiff Dov
Director10% Owner
Transactions
- Award
Common Stock, no par value
2023-09-30$1.42/sh+5,281$7,499→ 14,964,395 total
Holdings
- 25,000
Stock Option (right to buy)
Exercise: $3.00From: 2019-01-01Exp: 2024-01-01→ Common Stock, no par value (25,000 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) - 5,000
Stock Option (right to buy)
Exercise: $3.28From: 2023-04-30Exp: 2028-04-05→ Common Stock, no par value (5,000 underlying) - 40,000(indirect: By Spouse)
Common Stock, no par value
- 25,000
Stock Option (right to buy)
Exercise: $12.00From: 2020-01-01Exp: 2025-01-01→ 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) - 5,000
Stock Option (right to buy)
Exercise: $12.34From: 2022-03-31Exp: 2027-03-11→ Common Stock, no par value (5,000 underlying) - (indirect: By Shiff Group)
6.0% Subordinated Convertible Promissory Note
Exercise: $15.00Exp: 2023-11-03→ Common Stock, no par value
Footnotes (6)
- [F1]The reporting person transferred shares of common stock from entities controlled by the reporting person to the reporting person directly.
- [F2]These securities are owned by Shiff Group Investments Ltd., of which the reporting person is an owner and the President and Chief Executive Officer.
- [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.
- [F6]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.
Documents
Issuer
SKYX Platforms Corp.
CIK 0001598981
Entity typeother
Related Parties
1- filerCIK 0001630761
Filing Metadata
- Form type
- 4
- Filed
- Oct 9, 8:00 PM ET
- Accepted
- Oct 10, 4:15 PM ET
- Size
- 15.7 KB