Jeffrey Buchanan Bean - 05 Feb 2025 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Issuer symbol
SRCO
Transactions as of
05 Feb 2025
Net transactions value
+$54,000
Form type
4
Filing time
07 Feb 2025, 18:21:54 UTC
Previous filing
03 Oct 2024
Next filing
12 Feb 2025
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 $54,000 +300,000 +25% $0.1800 1,488,233 05 Feb 2025 Common Stock 300,000 $0.1800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1. 100,000 options vest immediately, 100,000 options vest 02/05/2026, and 100,000 options vest 02/05/2027.