X0508 4 2026-01-01 0 0001598981 SKYX Platforms Corp. SKYX 0000923890 SOKOLOW LEONARD J C/O SKYX PLATFORMS CORP. 2855 W. MCNAB ROAD POMPANO BEACH FL 33069 1 1 0 0 Chief Executive Officer 0 Common Stock, no par value 2026-01-01 4 F 0 22324 2.17 D 926617 D Stock Option (right to buy) 3 2017-06-30 2027-04-19 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 4 2017-12-31 2027-04-19 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 12 2021-12-31 2026-12-31 Common Stock, no par value 100000 100000 D Stock Option (right to buy) 12.34 2022-03-31 2027-03-11 Common Stock, no par value 17500 17500 D Stock Option (right to buy) 3.28 2023-04-30 2028-04-05 Common Stock, no par value 17500 17500 D Stock Option (right to buy) 1.58 2023-09-12 2028-09-12 Common Stock, no par value 450000 450000 D Stock Option (right to buy) 1.26 2025-03-27 2030-03-27 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 2.15 2026-01-01 2030-12-15 Common Stock, no par value 150000 150000 D Subordinated Convertible Promissory Note 3 2025-05-16 Common Stock, no par value 250000 250000 D Series A-1 Preferred Stock Common Stock, no par value 208334 10000 D The principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at the holder's discretion at the conversion price of $3.00 per share. Represents the principal amount of the convertible note and excludes interest that may accrue. Beginning January 1, 2024, the note accrues interest at a rate of 10.0% per annum, which is payable annually, in cash or common stock, at the holder's discretion. Prior to such date, the note accrued interest at a rate of 6.0% per annum. Fully exercisable. Options vest over 3.5 years as follows, subject to continued employment through the vesting date: 120,000 vested on September 12, 2023; 300,000 vest in six semi-annual installments of 50,000, beginning on March 12, 2024; and 30,000 vest on March 12, 2027. Options vest in three equal annual installments, beginning on March 27, 2025, the grant date, subject to continued employment through the vesting date. Options vest in three equal annual installments, beginning on January 1, 2026, subject to continued employment through the vesting date. The Series A-1 Preferred Stock (the "Preferred Stock") has an original issue price of $25.00 per share and is convertible at any time, at the holder's option, into shares of the issuer's common stock at an adjusted conversion price of $1.20 per share (or approximately 20.83 shares of common stock for each share of Preferred Stock). Until October 4, 2026, the Preferred Stock is subject to mandatory conversion by the issuer upon the occurrence of certain specified events. In addition, the issuer may redeem the Preferred Stock for cash upon the occurrence of certain events or at any time beginning October 4, 2027. The Preferred Stock has no expiration date. The reporting person has elected to satisfy his tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") by directing the issuer to withhold shares otherwise issuable upon vesting of the grants. Includes 230,000 RSUs, which will vest as follows, subject to continued employment through the vesting date: (i) 130,000 RSUs, which will vest in two semi-annual installments of 50,000 beginning on March 12, 2026 and one installment of 30,000 on March 12, 2027, and (ii) 100,000 RSUs, which will vest in two equal annual installments beginning on January 1, 2027. /s/ Leonard J. Sokolow 2026-01-02