AHMAN SANDRA L 4
4 · SPARTA COMMERCIAL SERVICES, INC. · Filed Jan 5, 2022
Insider Transaction Report
Form 4
AHMAN SANDRA L
DirectorVice President Operations10% Owner
Transactions
- Award
Non-Qualified Stock Option
2022-01-03$0.08/sh+1,562,500$125,000→ 2,665,271 totalExercise: $0.08From: 2022-01-03Exp: 2027-01-03→ Common Stock (1,562,500 underlying) - Award
Non-Qualified Stock Option
2022-01-03$0.08/sh+250,000$20,000→ 250,000 totalExercise: $0.08From: 2022-01-03Exp: 2027-01-03→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]83,333 options vest immediately, 83,333 options vest 01/03/2023, and 83,334 options vest 01/03/2024.
- [F2]The Corporation issued Ahman options to convert $125,000 of deferred salary owed to Ahman.