Jeffrey Buchanan Bean - 21 Feb 2024 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Issuer symbol
SRCO
Transactions as of
21 Feb 2024
Net transactions value
+$28,000
Form type
4
Filing time
23 Feb 2024, 20:21:11 UTC
Previous filing
10 Feb 2023
Next filing
16 May 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 $28,000 +200,000 +23% $0.1400 1,071,680 21 Feb 2024 Common Stock 200,000 $0.1400 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 02/21/2025, and 66,666 options vest 02/21/2026.