Sandra L. Ahman - Feb 21, 2024 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 21, 2024
Transactions value $
$84,000
Form type
4
Date filed
2/23/2024, 08:06 PM
Previous filing
Feb 10, 2023

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 $84K +600K +16.98% $0.14 4.13M Feb 21, 2024 Common Stock 600K $0.14 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.