SPAR Group, Inc. — Director's Dealing 2017

Jan 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPAR GROUP INC (SGRP)
CIK: 0001004989
Period of Report: 2016-05-31

Reporting Person: Drogue Arthur B (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-31	Options to buy Common Stock	$0.99	A	10000	Acquired	2026-05-18	Common Stock, $.01 par value (10000)	Direct

Footnotes

F1: On 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.