AgEagle Aerial Systems Form 4 / Barrett Mooney ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Mooney Barrett

(Last)

(First)

(Middle)

C/O AGEAGLE AERIAL SYSTEMS, INC.

8863 E. 34TH STREET NORTH

(Street)

WICHITA

67226

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AgEagle Aerial Systems Inc. [ UAVS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001	02/01/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	02/01/2021		S⁽¹⁾		10,000	D	$9.919⁽⁷⁾	100,000	D
Common Stock, par value $0.001	03/01/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	03/01/2021		S⁽¹⁾		10,000	D	$8.52⁽⁸⁾	100,000	D
Common Stock, par value $0.001	03/30/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	03/30/2021		S⁽¹⁾		10,000	D	$5.76⁽⁹⁾	100,000	D
Common Stock, par value $0.001	04/30/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	04/30/2021		S⁽¹⁾		10,000	D	$5.83⁽¹⁰⁾	100,000	D
Common Stock, par value $0.001	06/01/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	06/01/2021		S⁽¹⁾		10,000	D	$5.11⁽¹¹⁾	100,000	D
Common Stock, par value $0.001	06/30/2021		M⁽¹⁾		10,000	A	$0.41	110,000	D
Common Stock, par value $0.001	06/30/2021		S⁽¹⁾		10,000	D	$5.35⁽¹²⁾	100,000	D
Common Stock, par value $0.001	07/21/2021		M⁽²⁾		5,000	A	$0.41	105,000	D
Common Stock, par value $0.001	07/21/2021		S⁽²⁾		5,000	D	$4.17	100,000	D
Common Stock, par value $0.001	08/17/2021		M⁽²⁾		5,000	A	$0.41	105,000	D
Common Stock, par value $0.001	08/17/2021		S⁽²⁾		5,000	D	$3.53⁽¹³⁾	100,000	D
Common Stock, par value $0.001	09/14/2021		M⁽²⁾		5,000	A	$0.41	105,000	D
Common Stock, par value $0.001	09/14/2021		S⁽²⁾		5,000	D	$3.3	100,000	D
Common Stock, par value $0.001	10/19/2021		M⁽²⁾		5,000	A	$0.41	105,000	D
Common Stock, par value $0.001	10/19/2021		S⁽²⁾		5,000	D	$2.95	100,000	D
Common Stock, par value $0.001	01/11/2022		M⁽³⁾		25,000	A	$0.41	125,000	D
Common Stock, par value $0.001	01/11/2022		S⁽³⁾		25,000	D	$1.44⁽¹⁴⁾	100,000	D
Common Stock, par value $0.001	02/15/2022		M⁽³⁾		25,000	A	$0.41	125,000	D
Common Stock, par value $0.001	02/15/2022		S⁽³⁾		25,000	D	$1.04	100,000	D
Common Stock, par value $0.001	03/15/2022		M⁽³⁾		25,000	A	$0.41	125,000	D
Common Stock, par value $0.001	03/15/2022		S⁽³⁾		25,000	D	$0.93	100,000	D
Common Stock, par value $0.001	04/12/2022		M⁽³⁾		25,000	A	$0.41	125,000	D
Common Stock, par value $0.001	04/12/2022		S⁽³⁾		25,000	D	$1.05	100,000	D
Common Stock, par value $0.001	05/17/2022		M⁽³⁾		25,000	A	$0.41	125,000	D
Common Stock, par value $0.001	05/17/2022		S⁽³⁾		25,000	D	$0.77	100,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options to purchase common stock, par value $0.001per share	$0.41	05/17/2022		M			25,000	03/31/2019⁽³⁾	03/28/2029	Common Stock	25,000	⁽⁵⁾	380,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	04/12/2022		M			25,000	03/31/2019⁽³⁾	03/28/2029	Common Stock	25,000	⁽⁵⁾	405,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$1.19	03/31/2022		A		25,000		⁽⁴⁾	03/30/2027	Common Stock	25,000	⁽⁵⁾	430,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	03/15/2022		M			25,000	03/31/2019⁽³⁾	03/28/2029	Common Stock	25,000	⁽⁵⁾	405,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	02/15/2022		M			25,000	03/31/2019⁽³⁾	03/28/2029	Common Stock	25,000	⁽⁵⁾	430,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	01/11/2022		M			25,000	03/31/2019⁽³⁾	03/28/2029	Common Stock	25,000	⁽⁵⁾	455,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$1.57	12/31/2021		A		25,000		⁽⁴⁾	12/30/2026	Common Stock	25,000	⁽⁵⁾	480,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	10/19/2021		M			5,000	03/31/2019⁽²⁾	03/28/2029	Common Stock	5,000	⁽⁵⁾	455,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$3.01	09/30/2021		A		25,000		⁽⁴⁾	09/29/2026	Common Stock	25,000	⁽⁵⁾	460,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	09/14/2021		M			5,000	03/31/2019⁽²⁾	03/28/2029	Common Stock	5,000	⁽⁵⁾	435,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	08/17/2021		M			5,000	03/31/2019⁽²⁾	03/28/2029	Common Stock	5,000	⁽⁵⁾	440,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	07/21/2021		M			5,000	03/31/2019⁽²⁾	03/28/2029	Common Stock	5,000	⁽⁵⁾	445,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$5.27	06/30/2021		A		25,000		⁽⁴⁾	06/29/2026	Common Stock	25,000	⁽⁵⁾	450,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	06/30/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	425,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	06/01/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	435,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	04/30/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	445,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$6.26	03/31/2021		A		25,000		⁽⁴⁾	03/30/2026	Common Stock	25,000	⁽⁵⁾	455,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	03/30/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	430,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	03/01/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	440,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$0.41	02/01/2021		M			10,000	03/31/2019⁽¹⁾	03/28/2029	Common Stock	10,000	⁽⁵⁾	450,000⁽⁶⁾	D
Options to purchase common stock, par value $0.001per share	$6	12/31/2020		A		25,000		⁽⁴⁾	12/30/2026	Common Stock	25,000	⁽⁵⁾	460,000⁽⁶⁾	D

Explanation of Responses:

1. The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 07/31/2020.

2. The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 07/21/2021.

3. The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 01/11/2022.

4. The options become exercisable and vest in equal monthly installments over a two-year period commencing on the Transaction Date.

5. The options were issued as incentive compensation for services under the Company's 2017 Omnibus Equity Incentive Plan.

6. Aggregate number of stock options beneficially owned as of the Transaction Date irrespective of exercise price and expiration date.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.10 to $9.98.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.51 to $8.56.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.76 to $5.77.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.83 to $5.845.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.11 to $5.12.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.35 to $5.37.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.53 to $3.545.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.43 to $1.45.

	/s/ Barrett Mooney	06/13/2022
	** Signature of Reporting Person	Date
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).
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AgEagle Aerial Systems (UAVS) Form 4AgEagle Aerial Systems / Barrett Mooney ownership change