jeffrey buchanan bean - Feb 5, 2025 Form 4 Insider Report for SPARTA COMMERCIAL SERVICES, INC. (SRCO)

Role
Director
Signature
Jeffrey Buchanan Bean
Stock symbol
SRCO
Transactions as of
Feb 5, 2025
Transactions value $
$54,000
Form type
4
Date filed
2/7/2025, 06:21 PM
Previous filing
Oct 3, 2024
Next filing
Feb 12, 2025

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 $54K +300K +25.25% $0.18 1.49M Feb 5, 2025 Common Stock 300K $0.18 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.