Home/Filings/4/0001493152-25-000243
4//SEC Filing

Shiff Dov 4

Accession 0001493152-25-000243

CIK 0001598981other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 4:15 PM ET

Size

16.2 KB

Accession

0001493152-25-000243

Insider Transaction Report

Form 4
Period: 2024-12-31
Shiff Dov
Director10% Owner
Transactions
  • Award

    Common Stock, no par value

    2024-12-31$1.20/sh+25,000$30,0001,488,529 total
Holdings
  • Stock Option (right to buy)

    Exercise: $1.09From: 2024-04-30Exp: 2029-04-04Common Stock, no par value (5,000 underlying)
    5,000
  • Stock Option (right to buy)

    Exercise: $12.34From: 2022-03-31Exp: 2027-03-11Common Stock, no par value (5,000 underlying)
    5,000
  • Common Stock, no par value

    (indirect: By Shiff Group Assets)
    235,712
  • Common Stock, no par value

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

    Exercise: $12.00From: 2020-12-31Exp: 2025-12-31Common 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
  • Stock Option (right to buy)

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

    (indirect: By DZDLUX s.a.r.l.)
    13,274,618
  • Stock Option (right to buy)

    Exercise: $12.00From: 2021-12-31Exp: 2026-12-31Common Stock, no par value (25,000 underlying)
    25,000
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]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

1 file

Issuer

SKYX Platforms Corp.

CIK 0001598981

Entity typeother

Related Parties

1
  • filerCIK 0001630761

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:15 PM ET
Size
16.2 KB