SPAR Group, Inc. — Director's Dealing 2019

Oct 22, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SPAR GROUP INC (SGRP)
CIK: 0001004989
Period of Report: 2018-05-03

Reporting Person: Marrone Gerard (Chief Revenue Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value	5760	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to buy Common Stock	$1.0000	2027-01-09	Common Stock, $.01 par value (50000)		Direct
Option to buy Common Stock	$1.2300	2028-05-03	Common Stock, $.01 par value (20000)		Direct
Option to buy Common Stock	$0.6400	2029-04-05	Common Stock, $.01 par value (20000)		Direct

Footnotes

F1: Shares the result of a cashless exercise of 50,000 options on August 28, 2019.

F2: Vests as to 25,000 shares on each of January 9, 2020 and 2021, respectively.

F3: Vests as to 5,000 shares each of May 3, 2019, 2020, 2021 and 2022, respectively.

F4: Vests as to 5,000 shares on each of April 5, 2020, 2021, 2022 and 2023, respectively.