Sandra L. Ahman - Feb 8, 2023 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Vice President Operations, Director
Signature
Sandra L. Ahman
Stock symbol
SRCO
Transactions as of
Feb 8, 2023
Transactions value $
$72,000
Form type
4
Date filed
2/10/2023, 04:20 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 $72K +400K +12.77% $0.18 3.53M Feb 8, 2023 Common Stock 400K $0.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 133,334 options vest immediately, 133,333 options vest 02/08/2024, and 133,333 options vest 02/08/2025.