SPARTA COMMERCIAL SERVICES, INC. 4
4 · SPARTA COMMERCIAL SERVICES, INC. · Filed May 2, 2005
Insider Transaction Report
Form 4
Transactions
- Other
Employee Stock Options (Right to Buy)
2005-04-29+875,000→ 875,000 totalExercise: $0.60From: 2005-04-29Exp: 2010-04-29→ Common Stock (875,000 underlying)
Footnotes (1)
- [F1]Options were granted by the issuer pursuant to an option agreement with the employee. The options are subject to vesting and conditions of employment. 20% of the options vested on the grant date. The remainder of the options vest in equal installments over the next four anniversary dates.