0001634483-17-000002.txt : 20170331 0001634483-17-000002.hdr.sgml : 20170331 20170331112719 ACCESSION NUMBER: 0001634483-17-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151115 FILED AS OF DATE: 20170331 DATE AS OF CHANGE: 20170331 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SQL Technologies Corp. CENTRAL INDEX KEY: 0001598981 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 463645414 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4400 NORTH POINT PARKWAY STREET 2: SUITE 154 CITY: ALPHARETTA STATE: GA ZIP: 30022 BUSINESS PHONE: 770-754-4711 MAIL ADDRESS: STREET 1: 4400 NORTH POINT PARKWAY STREET 2: SUITE 154 CITY: ALPHARETTA STATE: GA ZIP: 30022 FORMER COMPANY: FORMER CONFORMED NAME: Safety Quick Lighting & Fans Corp. DATE OF NAME CHANGE: 20140203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kohen Ran Roland CENTRAL INDEX KEY: 0001634483 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55416 FILM NUMBER: 17728772 MAIL ADDRESS: STREET 1: 20735 NE 32 PL CITY: AVENTURA STATE: FL ZIP: 33180 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2015-11-15 0 0001598981 SQL Technologies Corp. SQFL 0001634483 Kohen Ran Roland C/O SAFETY QUICK LIGHTING & FANS CORP. 4400 NORTH POINT PARKWAY, SUITE 154 ALPHARETTA GA 30022 1 1 1 0 Executive Chairman Common Stock, no par value 2016-09-01 4 A 0 1140000 A 9143969 I By KRNB Holdings LLC Options 3 2016-09-01 4 A 0 1500000 A Common Stock, no par value 1500000 1500000 I By KRNB Holdings LLC Options 4 2016-09-01 4 A 0 1500000 A Common Stock, no par value 1500000 1500000 I By KRNB Holdings LLC Options 5 2016-09-01 4 A 0 1000000 A Common Stock, no par value 1000000 1000000 I By KRNB Holdings LLC Options 0.6 2015-11-15 4 A 0 1000000 A 2015-11-15 2025-11-15 Common Stock, no par value 1000000 1000000 I By KRNB Holdings LLC Pursuant to the Chairman Agreement between the Company and Mr. Kohen, dated September 1, 2016, and disclosed on the Company's Form 8-K filed on November 8, 2016, Mr. Kohen was granted 1,140,000 unvested shares of the Company's common stock. The shares shall vest as follows: (i) 1,020,000 shares on January 1, 2019 and (ii) 120,000 shares on January 1, 2020. The shares of common stock and options reported herein are directly beneficially owned by KRNB Holidings LLC. Mr. Kohen is the manager of KRNB Holdings LLC, having sole voting power and control over the shares of common stock reported herein, and thus may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares that KRNB Holdings LLC owns. Pursuant to the Chairman Agreement, Mr. Kohen was granted unvested options to purchase 4,000,000 shares of the Company's common stock. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $3.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $300,000,000, (ii) $500,000,000, and (iii) $750,000,000. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $4.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $1,000,000,000, (ii) $1,500,000,000, and (iii) $2,000,000,000. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $5.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $2,500,000,000 and (ii) $3,000,000,000. Pursuant to the Company's 2015 Stock Incentive Plan, on November 15, 2015, Mr. Kohen was awarded options to purchase up to 1,000,000 shares of the Company's stock at an exercise price of $0.60 per share, of which 400,000 vested immediately, 300,000 vested on November 15, 2016 and the remaining 300,000 will vest on November 15, 2017. The options expire 10 years from the date of grant. /s/ Ran Roland Kohen 2017-03-31