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

Signature
Anthony L. Havens
Issuer symbol
SRCO
Transactions as of
22 Dec 2022
Net transactions value
+$100,000
Form type
4
Filing time
23 Dec 2022, 16:25:20 UTC
Previous filing
05 Jan 2022
Next filing
10 Feb 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 $100,000 +934,579 +27% $0.1070 4,417,908 22 Dec 2022 Common Stock 934,579 $0.1070 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.