R. Matacunas - Feb 22, 2021 Form 3 Insider Report for SPAR Group, Inc. (SGRP)

Role
Chief Executive Officer, Director
Signature
/s/ Michael R. Matacunas
Stock symbol
SGRP
Transactions as of
Feb 22, 2021
Transactions value $
$0
Form type
3
Date filed
6/3/2021, 11:07 AM
Next filing
May 17, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SGRP Option to buy Common Stock, $.01 par value Feb 22, 2021 Common Stock, $.01 par value 630K $1.90 Direct
holding SGRP Restricted Stock Units, Based on Common Stock,$.01 Par Value Feb 22, 2021 Common Stock, $.01 par value 26.3K $1.90 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for 26,315 shares of SGRP's Common Stock having a value of its market price of $1.90 per share on the day awarded. The RSUs will vest and be payable in cash or Common Stock (at the option of the Issuer) on February 22, 2022, subject to certain conditions, but no exercise price or other payment for such shares is required.
F2 Not applicable.