SPAR Group, Inc. — Director's Dealing 2009

Apr 16, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPAR GROUP INC (SGRP)
CIK: 0001004989
Period of Report: 2008-09-24

Reporting Person: BROWN ROBERT G/ (Director, CHAIRMAN, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-24	Series A Preferred Stock	$	P	284237	Acquired		Common Stock, $.01 par value (284237)	Direct

Footnotes

F1: Each share of Series A Preferred Stock is convertible at any time in accordance with its terms into one share of SGRP's
Common Stock upon receipt of a conversion request from the holder in his discretion. There is no conversion price or other
charge for conversion, and the conversion right has no expiration date and continues so long as such preferred share is
outstanding.