SKAS Saker Aviation Services Inc (QB)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * WACHTEL WILLIAM B	2. Issuer Name and Ticker or Trading Symbol Saker Aviation Services, Inc. [ SKAS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    __X__ 10% Owner _____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle) 20 SOUTH STREET, PIER 6 EAST RIVER	3. Date of Earliest Transaction (MM/DD/YYYY) 12/5/2019
(Street) NEW YORK, NY 10004 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								145563	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$2.4000							12/1/2016	12/1/2020	Common Stock	3333		3333	D
Stock Option (Right to Buy)	$2.2500							12/1/2017	12/1/2021	Common Stock	3333		3333	D
Stock Option (Right to Buy)	$3.2400							12/1/2018	12/1/2022	Common Stock	3333		3333	D
Stock Option (Right to Buy)	$2.4000							12/1/2019	12/1/2023	Common Stock	3333		3333	D
Stock Option (Right to Buy)	$5.60	12/5/2019		A		3333		12/5/2020	12/5/2024	Common Stock	3333	$0 (1)	3333	D

Explanation of Responses:
(1)	This option was granted under the Issuer's Stock Option Plan of 2005 in a transaction exempt under Rule 16b-3.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WACHTEL WILLIAM B 20 SOUTH STREET, PIER 6 EAST RIVER NEW YORK, NY 10004	X	X

Signatures
/s/ Ronald J. Ricciardi, Attorney-in-Fact for William B. Wachtel		1/16/2020
**Signature of Reporting Person		Date