SEC Form 4 · accession 0001437749-15-011954
SPAR Group, Inc. · SGRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jill Blanchard
Officer — Chief Executive Officer · Director
Period of report
Jun 5, 2015
Accepted (ET)
Jun 8, 2015 · 4:51 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to buy Common StockF1 | — | Jun 5, 2015 | A | 40,000 | A | — | May 12, 2025 | Common Stock, $.01 par value | 40,000 | 340,000 | D |
Explanation of responses
- F1On May 12, 2015, the Reporting Person received a restricted stock award for 40,000 shares of SGRP's common stock, which had a market price of $1.25 per share on the day awarded. 10,000 of those shares will vest and become unrestricted on each of May 12, 2016, 2017, 2018 and 2019, subject to certain conditions, but no exercise price or other payment for such shares is required.