Anthony L. Havens - 21 Feb 2024 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Signature
Anthony L. Havens
Issuer symbol
SRCO
Transactions as of
21 Feb 2024
Net transactions value
+$196,000
Form type
4
Filing time
23 Feb 2024, 19:57:23 UTC
Previous filing
10 Feb 2023
Next filing
07 Feb 2025

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 $196,000 +1,400,000 +26% $0.1400 6,767,908 21 Feb 2024 Common Stock 1,400,000 $0.1400 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 466,667 options vest immediately, 466,667 options vest 02/16/2025, and 466,666 options vest 02/08/2026.