0001685883-17-000002.txt : 20170329
0001685883-17-000002.hdr.sgml : 20170329
20170329174746
ACCESSION NUMBER: 0001685883-17-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160901
FILED AS OF DATE: 20170329
DATE AS OF CHANGE: 20170329
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: Wells Mark J
CENTRAL INDEX KEY: 0001685883
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55416
FILM NUMBER: 17723205
MAIL ADDRESS:
STREET 1: 1219 WEST 67TH STREET
CITY: CLEVELAND
STATE: OH
ZIP: 44102
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-09-01
0
0001598981
SQL Technologies Corp.
SQFL
0001685883
Wells Mark J
1219 WEST 67TH STREET
CLEVELAND
OH
44102
0
1
0
0
President
Common Stock, no par value
2016-09-01
4
P
0
150000
2.7
A
250000
D
Common Stock, no par value
2016-09-01
4
A
0
1145000
A
1395000
D
Warrant
3
2016-09-01
4
A
0
750000
A
2017-01-01
2022-01-01
Common Stock, no par value
750000
750000
D
As part of Mr. Wells' Executive Employment Agreement, as disclosed on the Company's Form 8-K dated November 8, 2016, Mr. Wells purchased 150,000 shares of the Company's common stock at $2.70 per share. Mr. Wells was then issued a warrant to purchase 750,000 shares of the Company's common stock at an exercise price of $3.00 per share.
Pursuant to the Executive Employment Agreement, Mr. Wells was granted 120,000 shares of common stock as a sign-on bonus, and such shares vest on January 1, 2018. Also
pursuant to the Executive Employment Agreement, Mr. Wells was granted 1,025,000 shares of common stock as additional compensation, and such shares vest on January 1, 2019.
/s/ Mark J. Wells
2017-03-29