Sandra L. Ahman - 08 Feb 2023 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Vice President Operations, Director
Signature
Sandra L. Ahman
Issuer symbol
SRCO
Transactions as of
08 Feb 2023
Net transactions value
+$72,000
Form type
4
Filing time
10 Feb 2023, 16:20:13 UTC
Previous filing
23 Dec 2022
Next filing
23 Feb 2024
SEC
View on sec.gov

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 $72,000 +400,000 +13% $0.1800 3,532,560 08 Feb 2023 Common Stock 400,000 $0.1800 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.