SEC Info - Ahman Sandra L - ‘4’ for 1/3/22 re: Sparta Commercial Services, Inc.

Ownership Document

Schema Version: X0306

Document Type: 4

Period of Report: 1/3/22

Not Subject to Section 16: 0

Issuer:

Issuer CIK: 318299

Issuer Name: SPARTA COMMERCIAL SERVICES, INC.

Issuer Trading Symbol: SRCO

Reporting Owner:

Reporting Owner ID:

Owner CIK: 1280731

Owner Name: AHMAN SANDRA L

Reporting Owner Address:

Owner Street 1: 555 FIFTH AVE

Owner Street 2: 14TH FLOOR

Owner City: NEW YORK

Owner State: NY

Owner ZIP Code: 10017

Owner State Description:

Reporting Owner Relationship:

Is Director? Yes

Is Officer? Yes

Is Ten Percent Owner? No

Is Other? No

Officer Title: Vice President Operations

Derivative Table:

Derivative Transaction:

Security Title:

Value: Non-Qualified Stock Option

Conversion or Exercise Price:

Value: 0.08

Transaction Date:

Value: 1/3/22

Transaction Coding:

Transaction Form Type: 4

Transaction Code: A

Equity Swap Involved? No

Transaction Timeliness:

Value:

Transaction Amounts:

Transaction Shares:

Value: 250,000

Transaction Price Per Share:

Value: 0.08

Transaction Acquired-Disposed Code:

Value: A

Exercise Date:

Value: 1/3/22

Footnote ID: F1

Expiration Date:

Value: 1/3/27

Underlying Security:

Underlying Security Title:

Value: Common Stock

Underlying Security Shares:

Value: 250,000

Post-Transaction Amounts:

Shares Owned Following Transaction:

Value: 250,000

Ownership Nature:

Direct or Indirect Ownership:

Value: D

Derivative Transaction:

Security Title:

Value: Non-Qualified Stock Option

Conversion or Exercise Price:

Value: 0.08

Transaction Date:

Value: 1/3/22

Transaction Coding:

Transaction Form Type: 4

Transaction Code: A

Equity Swap Involved? No

Transaction Timeliness:

Value:

Transaction Amounts:

Transaction Shares:

Value: 1,562,500

Footnote ID: F2

Transaction Price Per Share:

Value: 0.08

Transaction Acquired-Disposed Code:

Value: A

Exercise Date:

Value: 1/3/22

Expiration Date:

Value: 1/3/27

Underlying Security:

Underlying Security Title:

Value: Common Stock

Underlying Security Shares:

Value: 1,562,500

Post-Transaction Amounts:

Shares Owned Following Transaction:

Value: 2,665,271

Ownership Nature:

Direct or Indirect Ownership:

Value: D

Footnotes:

Footnote - F1: 83,333 options vest immediately, 83,333 options vest 1/3/23, and 83,334 options vest 1/3/24.

Footnote - F2: The Corporation issued Ahman options to convert $125,000 of deferred salary owed to Ahman.

Owner Signature:

Signature Name: Sandra L. Ahman

Signature Date: 1/5/22

Ahman Sandra L – ‘4’ for 1/3/22 re: Sparta Commercial Services, Inc.

On: Wednesday, 1/5/22, at 3:00pm ET · For: 1/3/22 · Accession #: 1280731-22-1 · File #: 0-09483

Previous ‘4’: ‘4’ on 7/24/20 for 7/22/20 · Next: ‘4’ on 12/23/22 for 12/22/22 · Latest: ‘4’ on 2/23/24 for 2/21/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Ahman Sandra L – ‘4’ for 1/3/22 re: Sparta Commercial Services, Inc.

On: Wednesday, 1/5/22, at 3:00pm ET · For: 1/3/22 · Accession #: 1280731-22-1 · File #: 0-09483

Previous ‘4’: ‘4’ on 7/24/20 for 7/22/20 · Next: ‘4’ on 12/23/22 for 12/22/22 · Latest: ‘4’ on 2/23/24 for 2/21/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents