Jeffrey Buchanan Bean - 08 Feb 2023 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Issuer symbol
SRCO
Transactions as of
08 Feb 2023
Net transactions value
+$36,000
Form type
4
Filing time
10 Feb 2023, 16:37:34 UTC
Previous filing
07 Feb 2023
Next filing
23 Feb 2024
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 $36,000 +200,000 +30% $0.1800 871,680 08 Feb 2023 Common Stock 200,000 $0.1800 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.