jeffrey buchanan bean - Jan 3, 2022 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Stock symbol
SRCO
Transactions as of
Jan 3, 2022
Transactions value $
$15,000
Form type
4
Date filed
1/5/2022, 11:57 AM
Next filing
Feb 7, 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 $15K +188K +38.81% $0.08 671K Jan 3, 2022 Common Stock 188K $0.08 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.