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SPAR Group, Inc. Director's Dealing 2015

Apr 8, 2015

34865_dirs_2015-04-07_85251430-c79d-4870-bf90-97d543a5216d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPAR GROUP INC (SGRP)
CIK: 0001004989
Period of Report: 2015-04-03

Reporting Person: KELLAR LORRENCE T (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-03 Option to buy Common Stock $ A 4000 Acquired 2024-05-15 Common Stock, $.01 par value (4000) Direct

Footnotes

F1: On 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.