4//SEC Filing
SPARTA COMMERCIAL SERVICES, INC. 4
Accession 0001375696-14-000001
$SRCOCIK 0000318299operating
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 12:37 PM ET
Size
6.0 KB
Accession
0001375696-14-000001
Insider Transaction Report
Form 4
Transactions
- Award
Option to purchase
2014-08-22+69,267→ 69,267 totalExercise: $0.50From: 2014-08-22Exp: 2016-09-21→ common stock (69,267 underlying)
Footnotes (3)
- [F1]Pursuant to resolutions of the Company's Board of Directors dated August 22, 2014, the exercise price of Mr. Adler's 16,000 options expiring September 22, 2014 has been reduced from $14.355 to $0.50 and the expiration date has been extended to September 22, 2016, and the exercise price of his 53,267 options expiring May 12, 2015 has been reduced from $1.875 to $0.50 and the expiration date has been extended to May 12, 2017
- [F2]See note #1 for expiration dates
- [F3]No compensation involved
Documents
Issuer
SPARTA COMMERCIAL SERVICES, INC.
CIK 0000318299
Entity typeoperating
Related Parties
1- filerCIK 0000318299
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 12:37 PM ET
- Size
- 6.0 KB