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

Signature
Sandra L. Ahman
Issuer symbol
SRCO
Transactions as of
21 Feb 2024
Net transactions value
+$84,000
Form type
4
Filing time
23 Feb 2024, 20:06:38 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 $84,000 +600,000 +17% $0.1400 4,132,560 21 Feb 2024 Common Stock 600,000 $0.1400 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 200,000 options vest immediately, 200,000 options vest 02/21/2025, and 200,000 options vest 02/21/2026.