Kristian Srb - Dec 22, 2022 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Kristian Srb
Stock symbol
SRCO
Transactions as of
Dec 22, 2022
Transactions value $
$50,000
Form type
4
Date filed
12/23/2022, 04:33 PM
Previous filing
Jan 5, 2022
Next 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 $50K +467K +69.37% $0.11 1.14M Dec 22, 2022 Common Stock 467K $0.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Corporation issued Srb options to convert $50,000 of deferred debt owed to Srb.