Sec Form 3 Filing - SOKOLOW LEONARD J @ SQL Technologies Corp. - 2022-02-09

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SOKOLOW LEONARD J
2. Issuer Name and Ticker or Trading Symbol
SQL Technologies Corp. [ SKYX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SQL TECHNOLOGIES CORP., 11030 JONES BRIDGE ROAD, SUITE 206
3. Date of Earliest Transaction (MM/DD/YY)
02/09/2022
(Street)
JOHNS CREEK, GA30022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, no par value 309,667 D
Common Stock, no par value 3,600 I By Newbridge Securities Corporation( 1 )
Common Stock, no par value 231,624 I By Bridge Line Ventures( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Ex ercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 0.6 11/15/2015 11/15/2025 Common Stock, no par value 150,000 D
Stock Option (right to buy) $ 3 06/30/2017 04/19/2027 Common Stock, no par value 150,000 D
Stock Option (right to buy) $ 4 12/31/2017 04/19/2027 Common Stock, no par value 150,000 D
Stock Option (right to buy) $ 3 01/01/2018 01/01/2023 Common Stock, no par value 100,000 D
Stock Option (right to buy) $ 3 01/01/2019 01/01/2024 Common Stock, no par value 100,000 D
Stock Option (right to buy) $ 12 01/01/2020 01/01/2025 Common Stock, no par value 100,000 D
Stock Option (right to buy) $ 12 12/31/2020 12/31/2025 Common Stock, no par value 100,000 D
Stock Option (right to buy) $ 12 12/31/2021 12/31/2026 Common Stock, no par value 100,000 D
Warrant (right to buy) $ 12 ( 3 ) 12/31/2023 Common Stock, no par value 4,469 D
Warrant (right to buy) $ 12 ( 3 ) 10/26/2024 Common Stock, no par value 1,088 D
Warrant (right to buy) $ 12 ( 3 ) 11/29/2024 Common Stock, no par value 3,375 D
Warrant (right to buy) $ 12 ( 3 ) 12/22/2024 Common Stock, no par value 19,827 D
Warrant (right to buy) $ 12 ( 3 ) 12/31/2023 Common Stock, no par value 5,674 I By Newbridge Securities Corporation( 1 )
Warrant (right to buy) $ 12 ( 3 ) 10/26/2024 Common Stock, no par value 725 I By Newbridge Securities Corporation( 1 )
Warrant (right to buy) $ 12 ( 3 ) 11/29/2024 Common Stock, no par value 2,250 I By Newbridge Securities Corporation( 1 )
Warrant (right to buy) $ 12 ( 3 ) 12/22/2024 Common Stock, no par value 13,216 I By Newbridge Securities Corporation( 1 )
Warrant (right to buy) $ 12 ( 3 ) 06/30/2024 Common Stock, no par value 214,957 I By Bridge Line Ventures( 2 )
Warrant (right to buy) $ 12 ( 3 ) 08/31/2024 Common Stock, no par value 16,667 I By Bridge Line Ventures( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SOKOLOW LEONARD J
C/O SQL TECHNOLOGIES CORP.
11030 JONES BRIDGE ROAD, SUITE 206
JOHNS CREEK, GA30022
X
Signatures
/s/ Leonard J. Sokolow 02/09/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These securities are owned by Newbridge Securities Corporation. The reporting person is the Chief Executive Officer and President of Newbridge Financial, Inc. and Chairman of Newbridge Securities Corporation, its broker dealer subsidiary.
( 2 )These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures.
( 3 )Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00, subject to adjustment provisions (including certain anti-dilution provisions).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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