SEC Form 4 · accession 0001437749-17-000664
SPAR Group, Inc. · SGRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Arthur B Drogue
Director
Period of report
May 31, 2016
Accepted (ET)
Jan 13, 2017 · 4:56 pm EST
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 | $0.99 | May 31, 2016 | A | 10,000 | A | May 19, 2017 | May 18, 2026 | Common Stock, $.01 par value | 10,000 | 20,000 | D |
Explanation of responses
- F1On May 19, 2016, the Reporting Person received a restricted stock award for 10,000 shares of SGRP's common stock, which had a market price of $0.99 per share on the day awarded. 2,500 of those shares will vest and become unrestricted on each of May 19, 2017, 2018, 2019 and 2020, subject to certain conditions, but no exercise price or other payment for such shares is required.