SKYX Platforms appoints Leonard J. Sokolow as Co-CEO

SKYX Platforms Corp.

Leonard J. Sokolow appointed Co-CEO effective September 12, 2023; continues as board member.
Base salary of $160,000/year, minimum semi-annual cash/stock bonus of $40,000; performance bonus eligible.
Granted 450,000 RSUs and 450,000 stock options vesting over 3.5 years; 120,000 vested immediately.
Employment agreement three-year term with automatic annual renewal; severance includes 6 months salary and accelerated vesting.

item 5.02 item 9.01

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Appointed

Leonard J. Sokolow

Co-Chief Executive Officer

SKYX · SKYX Platforms Corp.

Effective: 2023-09-12
Filed: September 13, 2023, 7:59 PM ET

On September 13, 2023, SKYX Platforms Corp. (the “Company”) announced that on September 12, 2023, its Board of Directors (the “Board”) appointed Leonard J. Sokolow as Co-Chief Executive Officer of the Company, effective immediately .

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Executive change SEC 8-K Item 5.02 confidence 0.95

Leonard J. Sokolow was appointed as Co-Chief Executive Officer at SKYX Platforms Corp..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On September 13, 2023, SKYX Platforms Corp. (the “Company”) announced that on September 12, 2023, its Board of Directors (the “Board”) appointed Leonard J. Sokolow as Co-Chief Executive Officer of the Company, effective immediately .

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Source: SEC EDGAR

accession 0001493152-23-032418

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