Anthony L. Havens - Feb 8, 2023 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
Feb 8, 2023
Transactions value $
$171,000
Form type
4
Date filed
2/10/2023, 04:01 PM
Previous filing
Dec 23, 2022
Next filing
Feb 23, 2024

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 $171K +950K +21.5% $0.18 5.37M Feb 8, 2023 Common Stock 950K $0.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 316,667 options vest immediately, 316,667 options vest 02/08/2024, and 316,666 options vest 02/08/2025.