jeffrey buchanan bean - Feb 8, 2023 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Stock symbol
SRCO
Transactions as of
Feb 8, 2023
Transactions value $
$36,000
Form type
4
Date filed
2/10/2023, 04:37 PM
Previous filing
Feb 7, 2023
Next filing
Feb 23, 2024

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 $36K +200K +29.78% $0.18 872K Feb 8, 2023 Common Stock 200K $0.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 66,667 options vest immediately, 66,667 options vest 02/08/2024, and 66,666 options vest 02/08/2025.