SEC Form 4 · accession 0001437749-15-007012
SPAR Group, Inc. · SGRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur B Drogue
Director
Period of report
Apr 3, 2015
Accepted (ET)
Apr 7, 2015 · 7:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004989
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to buy Common StockF1 | — | Apr 3, 2015 | A | 4,000 | A | — | May 15, 2024 | Common Stock, $.01 par value | 4,000 | 14,000 | D |
Explanation of responses
- F1On May 15, 2014, the Reporting Person received a restricted stock award for 4,000 shares of SGRP's common stock, which had a market price of $1.84 per share on the day awarded. 1,000 of those shares will vest and become unrestricted on each of May 15, 2015, 2016, 2017 and 2018, subject to certain conditions, but no exercise price or other payment for such shares is required.