jeffrey buchanan bean - Feb 21, 2024 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Stock symbol
SRCO
Transactions as of
Feb 21, 2024
Transactions value $
$28,000
Form type
4
Date filed
2/23/2024, 08:21 PM
Previous filing
Feb 10, 2023
Next filing
May 16, 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 $28K +200K +22.94% $0.14 1.07M Feb 21, 2024 Common Stock 200K $0.14 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.