Filing Details

Accession Number:
0001493152-22-013433
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-16 06:03:02
Reporting Period:
2022-05-12
Accepted Time:
2022-05-16 06:03:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1598981 Sql Technologies Corp. SKYX () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1324561 Mark Steven Schmidt C/O Sql Technologies Corp.
2855 W. Mcnab Road
Pompano Beach FL 30069
President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Acquisiton 2022-05-12 5,000 $4.38 146,667 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, No Par Value Stock Option (right to buy) $0.10 2024-10-01 60,000 60,000 Direct
Common Stock, No Par Value Stock Option (right to buy) $6.00 2024-10-01 60,000 60,000 Direct
Common Stock, No Par Value Stock Option (right to buy) $12.00 2026-06-01 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-10-01 60,000 60,000 Direct
2024-10-01 60,000 60,000 Direct
2026-06-01 100,000 100,000 Direct
Footnotes
  1. Includes 75,000 shares of restricted stock that will vest in three equal annual installments on each of June 1, 2022, 2023 and 2024, subject to continued employment.
  2. These options were granted on October 1, 2019 and vest in three equal annual installments of 20,000 shares beginning on the first anniversary of the date of grant. Options are subject to continued service through the applicable vesting date.
  3. These options were granted on June 1, 2021 and vest in four equal annual installments of 25,000 shares beginning on the date of grant. Options are subject to continued service through the applicable vesting date.
  4. The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.25 and $4.44 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.