SPAR Group, Inc. — Director's Dealing 2015

Apr 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BELZER KORI (Chief Operations Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-03	Option to buy Common Stock	$	A	5500	Acquired	2024-08-07	Common Stock, $.01 par value (5500)	Direct

Footnotes

F1: On August 7, 2014, the Reporting Person received a restricted stock award for 5,500 shares of SGRP's common stock, which had a market price of $1.42 per share on the day awarded. 1,375 of those shares will vest and become unrestricted on each of August 7, 2015, 2016, 2017 and 2018, subject to certain conditions, but no exercise price or other payment for such shares is required.