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