Anthony L. Havens - Dec 22, 2022 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Chief Executive Officer, Director
Signature
Anthony L. Havens
Stock symbol
SRCO
Transactions as of
Dec 22, 2022
Transactions value $
$100,000
Form type
4
Date filed
12/23/2022, 04:25 PM
Previous filing
Jan 5, 2022
Next filing
Feb 10, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SRCO Non-Qualified Stock Option Award $100K +935K +26.83% $0.11 4.42M Dec 22, 2022 Common Stock 935K $0.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Corporation issued Havens options to convert $100,000 of deferred salary and benefits owed to Havens.