SEC FORM 4

SEC FORM 4 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Begley Grant A

(Last)

(First)

(Middle)

C/O AGEAGLE AERIAL SYSTEMS INC.

8201 E. 34TH STREET N, SUITE 1307

(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
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/28/2024

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)

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)
Common Stock, par value $0.001	$4.6⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	06/28/2025	06/29/2028	Common Stock	1,250	$4.6⁽¹⁾	0⁽²⁾	D
Common Stock, par value $0.001	$9⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	03/28/2025	03/30/2028	Common Stock	1,250	$9⁽¹⁾	1,250⁽²⁾	D
Common Stock, par value $0.001	$7⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	12/28/2024	12/30/2027	Common Stock	1,250	$7⁽¹⁾	2,500⁽²⁾	D
Common Stock, par value $0.001	$9.2⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	09/28/2024	09/29/2027	Common Stock	1,250	$9.2⁽¹⁾	3,750⁽²⁾	D
Common Stock, par value $0.001	$13⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	06/28/2024	06/29/2027	Common Stock	1,250	$13⁽¹⁾	5,000⁽²⁾	D
Common Stock, par value $0.001	$23.8⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	03/28/2024	03/30/2027	Common Stock	1,250	$23.8⁽¹⁾	6,250⁽²⁾	D
Common Stock, par value $0.001	$31.4⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	12/28/2023	12/30/2026	Common Stock	1,250	$31.4⁽¹⁾	7,500⁽²⁾	D
Common Stock, par value $0.001	$60.2⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	09/28/2023	09/29/2026	Common Stock	1,250	$60.2⁽¹⁾	8,750⁽²⁾	D
Common Stock, par value $0.001	$105.4⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	06/28/2023	06/29/2026	Common Stock	1,250	$105.4⁽¹⁾	10,000⁽²⁾	D
Common Stock, par value $0.001	$125.2⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	03/28/2023	03/30/2026	Common Stock	1,250	$125.2⁽¹⁾	11,250⁽²⁾	D
Common Stock, par value $0.001	$120⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	12/28/2022	12/30/2025	Common Stock	1,250	$120⁽¹⁾	12,500⁽²⁾	D
Common Stock, par value $0.001	$45.6⁽¹⁾	06/28/2024		J⁽¹⁾			1,250	09/28/2022	09/30/2025	Common Stock	1,250	$45.6⁽¹⁾	13,750⁽²⁾	D
Common Stock, par value $0.001	$23.8⁽¹⁾	06/28/2024		J⁽¹⁾			825	06/29/2022	06/29/2025	Common Stock	825	$23.8⁽¹⁾	15,000⁽²⁾	D
Common Stock, par value $0.001	$8.2⁽¹⁾	06/28/2024		J⁽¹⁾			825	03/28/2022	03/30/2025	Common Stock	825	$8.2⁽¹⁾	15,825⁽²⁾	D
Common Stock, par value $0.001	$9⁽¹⁾	06/28/2024		J⁽¹⁾			825	12/28/2021	12/29/2024	Common Stock	825	$9⁽¹⁾	16,650⁽²⁾	D
Common Stock, par value $0.001	$6.2⁽¹⁾	06/28/2024		J⁽¹⁾			2,825	09/28/2021	09/28/2024	Common Stock	2,825	$6.2⁽¹⁾	17,475⁽²⁾	D
Common Stock, par value $0.001	$1.2⁽¹⁾	06/28/2024		J⁽¹⁾			2,868	10/04/2019	10/02/2027	Common Stock	2,868	$1.2⁽¹⁾	20,300⁽²⁾	D

Explanation of Responses:

1. This option was cancelled. No value was received for the cancellation of this option.

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

Remarks:

Takes into account the 20:1 reverse stock split effected on February 9, 2024.

	/s/ Grant Begley	07/02/2024
	** 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).
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 Number.

SEC Form 4 filed by Director Begley Grant A