Sec Form 4 Filing - SOKOLOW LEONARD J @ SQL Technologies Corp. - 2022-03-11

FORM 4 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., 2855 W. MCNAB ROAD 3. Date of Earliest Transaction (MM/DD/YY) 03/11/2022 (Street) POMPANO BEACH, FL33069 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 03/11/2022 A 17,500( 8 ) A $ 0 327,167 D Common Stock, no par value 317,656 I By Bridge Line Ventures( 2 ) Common Stock, no par value 3,600 I By Newbridge Securities Corporation( 1 )

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 Exercisable Expiration Date Title Amount or Number of Shares Stock Option (right to buy) $ 12.34 03/11/2022 A 17,500 03/31/2022( 7 ) 03/11/2027 Common Stock, no par value 17,500 $ 0 17,500 D Stock Option (right to buy) $ 0.6 11/15/2015 11/15/2025 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 3 06/30/2017 04/19/2027 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 4 12/31/2017 04/19/2027 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 3 01/01/2018 01/01/2023 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 3 01/01/2019 01/01/2024 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 01/01/2020 01/01/2025 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 12/31/2020 12/31/2025 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 12/31/2021 12/31/2026 Common Stock, no par value 100,000 100,000 D Warrant (right to buy) $ 12 ( 3 ) 12/31/2023 Common Stock, no par value 4,469 4,469 D Warrant (right to buy) $ 12 ( 3 ) 10/26/2024 Common Stock, no par value 1,088 1,088 D Warrant (right to buy) $ 12 ( 3 ) 11/29/2024 Common Stock, no par value 3,375 3,375 D Warrant (right to buy) $ 12 ( 3 ) 12/22/2024 Common Stock, no par value 19,827 19,827 D Warrant (right to buy) $ 12 ( 3 ) 12/31/2023 Common Stock, no par value 5,674 5,674 I By Newbridge Securities Corporation( 1 ) Warrant (right to buy) $ 12 ( 3 ) 10/26/2024 Common Stock, no par value 725 725 I By Newbridge Securities Corporation( 1 ) Warrant (right to buy) $ 12 ( 3 ) 11/29/2024 Common Stock, no par value 2,250 2,250 I By Newbridge Securities Corporation( 1 ) Warrant (right to buy) $ 12 ( 3 ) 12/22/2024 Common Stock, no par value 13,216 13,216 I By Newbridge Securities Corporation( 1 ) Warrant (right to buy) $ 9.8( 4 ) ( 4 ) 06/30/2024 Common Stock, no par value 214,957 214,957 I By Bridge Line Ventures( 2 ) Warrant (right to buy) $ 9.8( 4 ) ( 4 ) 08/31/2024 Common Stock, no par value 16,667 16,667 I By Bridge Line Ventures( 2 ) 6.0% Subordinated Convertible Promissory Note $ 15 ( 5 ) 09/22/2023 Common Stock, no par value $ 250,000( 6 ) $ 250,000( 6 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SOKOLOW LEONARD J C/O SQL TECHNOLOGIES CORP. 2855 W. MCNAB ROAD POMPANO BEACH, FL33069 X Signatures /s/ Leonard J. Sokolow 03/14/2022 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). ( 4 )Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80, subject to adjustment provisions (including certain anti-dilution provisions). The initial exercise price of $12.00 per share was automatically adjusted pursuant to applicable anti-dilution provisions in connection with the completion of the issuer's initial public offering. ( 5 )The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00. ( 6 )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. ( 7 )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. ( 8 )Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.

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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