Jeffrey Buchanan Bean - 03 Jan 2022 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Issuer symbol
SRCO
Transactions as of
03 Jan 2022
Net transactions value
+$15,000
Form type
4
Filing time
05 Jan 2022, 11:57:35 UTC
Next filing
07 Feb 2023
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 $15,000 +187,500 +39% $0.0800 670,680 03 Jan 2022 Common Stock 187,500 $0.0800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 62,500 options vest immediately, 62,500 options vest 01/03/2023, and 62,500 options vest 01/03/2024.