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 *

SOKOLOW LEONARD J
2. Issuer Name and Ticker or Trading Symbol

SQL Technologies Corp. [ SKYX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O SQL TECHNOLOGIES CORP., 2855 W. MCNAB ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

3/11/2022
(Street)

POMPANO BEACH, FL 33069
(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, no par value 3/11/2022  A  17500 (8)A$0 327167 D  
Common Stock, no par value         317656 I By Bridge Line Ventures (2)
Common Stock, no par value         3600 I By Newbridge Securities Corporation (1)

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $12.34 3/11/2022  A   17500    3/31/2022 (7)3/11/2027 Common Stock, no par value 17500 $0 17500 D  
Stock Option (right to buy) $0.6           11/15/2015 11/15/2025 Common Stock, no par value 150000  150000 D  
Stock Option (right to buy) $3           6/30/2017 4/19/2027 Common Stock, no par value 150000  150000 D  
Stock Option (right to buy) $4           12/31/2017 4/19/2027 Common Stock, no par value 150000  150000 D  
Stock Option (right to buy) $3           1/1/2018 1/1/2023 Common Stock, no par value 100000  100000 D  
Stock Option (right to buy) $3           1/1/2019 1/1/2024 Common Stock, no par value 100000  100000 D  
Stock Option (right to buy) $12           1/1/2020 1/1/2025 Common Stock, no par value 100000  100000 D  
Stock Option (right to buy) $12           12/31/2020 12/31/2025 Common Stock, no par value 100000  100000 D  
Stock Option (right to buy) $12           12/31/2021 12/31/2026 Common Stock, no par value 100000  100000 D  
Warrant (right to buy) $12            (3)12/31/2023 Common Stock, no par value 4469  4469 D  
Warrant (right to buy) $12            (3)10/26/2024 Common Stock, no par value 1088  1088 D  
Warrant (right to buy) $12            (3)11/29/2024 Common Stock, no par value 3375  3375 D  
Warrant (right to buy) $12            (3)12/22/2024 Common Stock, no par value 19827  19827 D  
Warrant (right to buy) $12            (3)12/31/2023 Common Stock, no par value 5674  5674 I By Newbridge Securities Corporation (1)
Warrant (right to buy) $12            (3)10/26/2024 Common Stock, no par value 725  725 I By Newbridge Securities Corporation (1)
Warrant (right to buy) $12            (3)11/29/2024 Common Stock, no par value 2250  2250 I By Newbridge Securities Corporation (1)
Warrant (right to buy) $12            (3)12/22/2024 Common Stock, no par value 13216  13216 I By Newbridge Securities Corporation (1)
Warrant (right to buy) $9.8 (4)           (4)6/30/2024 Common Stock, no par value 214957  214957 I By Bridge Line Ventures (2)
Warrant (right to buy) $9.8 (4)           (4)8/31/2024 Common Stock, no par value 16667  16667 I By Bridge Line Ventures (2)
6.0% Subordinated Convertible Promissory Note $15            (5)9/22/2023 Common Stock, no par value $250000 (6) $250000 (6)D  

Explanation of Responses:
(1) These securities are owned by Newbridge Securities Corporation. The reporting person is the Chief Executive Officer and President of Newbridge Financial, Inc. and Chairman of Newbridge Securities Corporation, its broker dealer subsidiary.
(2) These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures.
(3) Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00, subject to adjustment provisions (including certain anti-dilution provisions).
(4) Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80, subject to adjustment provisions (including certain anti-dilution provisions). The initial exercise price of $12.00 per share was automatically adjusted pursuant to applicable anti-dilution provisions in connection with the completion of the issuer's initial public offering.
(5) The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00.
(6) Represents the principal amount of the convertible note and excludes interest that may accrue. Interest on the note is payable annually, in cash or common stock, at the holder's discretion.
(7) Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted. These options were granted pursuant to the non-employee director compensation program.
(8) Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SOKOLOW LEONARD J
C/O SQL TECHNOLOGIES CORP.
2855 W. MCNAB ROAD
POMPANO BEACH, FL 33069
X



Signatures
/s/ Leonard J. Sokolow3/14/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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