Sec Form 4 Filing - BARRON PATRICIA ANN @ SKYX Platforms Corp. - 2023-08-04

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
BARRON PATRICIA ANN
2. Issuer Name and Ticker or Trading Symbol
SKYX Platforms Corp. [ SKYX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operations Officer
(Last) (First) (Middle)
C/O SKYX PLATFORMS CORP., 2855 W. MCNAB ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/04/2023
(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 08/04/2023 A 100,000 ( 1 ) A $ 0 200,000 D
Common Stock, no par value 08/04/2023 F 12,159 ( 3 ) D $ 2.17 187,841 ( 4 ) D
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) $ 2.08 08/04/2023 A 100,000 08/04/2023( 2 ) 08/04/2028 Common Stock, no par value 100,000 $ 0 100,000 D
Stock Option (right to buy) $ 0.6 11/15/2015 11/15/2025 Common Stock, no par value 200,000 200,000 D
Stock Option (right to buy) $ 1.2 11/15/2016 11/15/2025 Common Stock, no par value 150,000 150,000 D
Stock Option (right to buy) $ 1.8 11/15/2017 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 50,000 50,000 D
Stock Option (right to buy) $ 4 12/31/2017 04/19/2027 Common Stock, no par value 50,000 50,000 D
Stock Option (right to buy) $ 6 12/31/2020 09/01/2024 Common Stock, no par value 100,000 100,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BARRON PATRICIA ANN
C/O SKYX PLATFORMS CORP.
2855 W. MCNAB ROAD
POMPANO BEACH, FL33069
Chief Operations Officer
Signatures
/s/ Patricia Ann Barron 08/09/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest in four equal annual installments, beginning on August 4, 2023, the date of grant, subject to continued employment through the vesting date.
( 2 )Options vest in four equal annual installments, beginning on August 4, 2023, the date of grant, subject to continued employment through the vesting date.
( 3 )The reporting person has elected to satisfy her tax withholding obligation in connection with the vesting of RSUs by directing the issuer to withhold shares otherwise issuable upon vesting of the grant.
( 4 )Includes 75,000 RSUs, which will vest in equal annual installments on each of August 4, 2024, 2025 and 2026.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.