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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

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer

 1/05/22  Ahman Sandra L                    4                      1:6K   Sparta Commercial Services, Inc.

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

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      3K 
                Securities by an Insider -- primary_doc.xml/3.6                  




        

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

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0306 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2022-01-03 </periodOfReport>
<notSubjectToSection16> 0 </notSubjectToSection16>
<issuer>
<issuerCik> 0000318299 </issuerCik>
<issuerName> SPARTA COMMERCIAL SERVICES, INC. </issuerName>
<issuerTradingSymbol> SRCO </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001280731 </rptOwnerCik>
<rptOwnerName> AHMAN SANDRA L </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> 555 FIFTH AVE </rptOwnerStreet1>
<rptOwnerStreet2> 14TH FLOOR </rptOwnerStreet2>
<rptOwnerCity> NEW YORK </rptOwnerCity>
<rptOwnerState> NY </rptOwnerState>
<rptOwnerZipCode> 10017 </rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector> 1 </isDirector>
<isOfficer> 1 </isOfficer>
<isTenPercentOwner> 0 </isTenPercentOwner>
<isOther> 0 </isOther>
<officerTitle> Vice President Operations </officerTitle>
</reportingOwnerRelationship>
</reportingOwner>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value> Non-Qualified Stock Option </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 0.08 </value>
</conversionOrExercisePrice>
<transactionDate>
<value> 2022-01-03 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> A </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value> 250000 </value>
</transactionShares>
<transactionPricePerShare>
<value> 0.08 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<value> 2022-01-03 </value>
<footnoteId id="F1"/>
</exerciseDate>
<expirationDate>
<value> 2027-01-03 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 250000 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 250000 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
<derivativeTransaction>
<securityTitle>
<value> Non-Qualified Stock Option </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 0.08 </value>
</conversionOrExercisePrice>
<transactionDate>
<value> 2022-01-03 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> A </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionTimeliness>
<value></value>
</transactionTimeliness>
<transactionAmounts>
<transactionShares>
<value> 1562500 </value>
<footnoteId id="F2"/>
</transactionShares>
<transactionPricePerShare>
<value> 0.08 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<value> 2022-01-03 </value>
</exerciseDate>
<expirationDate>
<value> 2027-01-03 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 1562500 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 2665271 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes>
<footnote id="F1"> 83,333 options vest immediately, 83,333 options vest 01/03/2023, and 83,334 options vest 01/03/2024. </footnote>
<footnote id="F2"> The Corporation issued Ahman options to convert $125,000 of deferred salary owed to Ahman. </footnote>
</footnotes>
<ownerSignature>
<signatureName> Sandra L. Ahman </signatureName>
<signatureDate> 2022-01-05 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001280731-22-000001   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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