Shiff Dov 4
4 · SKYX Platforms Corp. · Filed Apr 10, 2024
Insider Transaction Report
Form 4
Shiff Dov
Director10% Owner
Transactions
- Award
Stock Option (right to buy)
2024-04-04+5,000→ 5,000 totalExercise: $1.09From: 2024-04-30Exp: 2029-04-04→ Common Stock, no par value (5,000 underlying) - Award
Common Stock, no par value
2024-04-04+5,000→ 1,463,529 total
Holdings
- 40,000(indirect: By Spouse)
Common Stock, no par value
- 25,000
Stock Option (right to buy)
Exercise: $12.00From: 2020-12-31Exp: 2025-12-31→ Common Stock, no par value (25,000 underlying) - 13,274,618(indirect: By DZDLUX s.a.r.l.)
Common Stock, no par value
- 235,712(indirect: By Shiff Group Assets)
Common Stock, no par value
- 5,000
Stock Option (right to buy)
Exercise: $12.34From: 2022-03-31Exp: 2027-03-11→ Common Stock, no par value (5,000 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) - 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: $3.28From: 2023-04-30Exp: 2028-04-05→ 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 (7)
- [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]These securities are owned by DZDLUX s.a.r.l., of which the reporting person is a controlling person.
- [F3]These securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.