| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SKYH | Class A common stock | Other | $0 | -75K | -2.35% | $0.00 | 3.12M | Feb 22, 2023 | See Footnotes 4 and 5 | F4, F5 |
| transaction | SKYH | Class A common stock | Other | $0 | -206K | -100% | $0.00* | 0 | Feb 22, 2023 | See Footnote 6 | F6 |
| holding | SKYH | Class A common stock | 21K | Feb 22, 2023 | Direct | F1 | |||||
| holding | SKYH | Class A common stock | 10M | Feb 22, 2023 | See Footnotes 2 and 3 | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents 21,000 restricted stock units ("RSUs") granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. Each RSU represents the contingent right to receive, in accordance with the terms of the applicable RSU agreement, one share of Class A common stock of the Issuer for each vested RSU. The RSUs will vest in four equal annual installments beginning on the first anniversary of the date of grant, provided the reporting person remains in service through the applicable vesting date. |
| F2 | Comprised of (i) 4,500,000 shares of Class A common stock purchased by BOC YAC Funding, LLC, a wholly-owned subsidiary of Boston Omaha Corporation upon the closing of the business combination between Yellowstone Acquisition Company and Sky Harbour LLC (the "Business Combination") and (ii) 5,500,000 shares of Class A common stock issued in connection with the automatic conversion of Series B Preferred Units of Sky Harbour LLC purchased by BOC YAC Funding, LLC in August 2021 and which converted to 5,500,000 shares of Class A common stock upon the closing of the Business Combination. |
| F3 | (Continued from Footnote 2) These shares are held by BOC YAC Funding, LLC, the wholly owned subsidiary of Boston Omaha Corporation and Alex B. Rozek is a director of Boston Omaha Corporation and a manager of BOC YAC Funding, LLC. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC YAC Funding LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation. |
| F4 | This transaction relates to the transfer of 75,000 shares of Class A common stock set aside for the three former non-employee directors of Yellowstone Acquisition Company, which shares were earned as of the closing of the Business Combination as compensation for services rendered as directors and which have now been transferred to these former directors. 3,193,474 shares of Class A common stock were issued in connection with the automatic conversion of an equal number of shares of Class B common stock which converted to Class A common stock upon the closing of the Business Combination. |
| F5 | (Continued from Footnote 4) The remaining shares are held directly by BOC Yellowstone LLC and Alex B. Rozek is a manager of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation. |
| F6 | This transaction relates to the distribution by BOC Yellowstone II LLC to one of its original members of an aggregate of 206,250 shares of Class A common stock in connection with the dissolution of BOC Yellowstone II LLC. |