| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SGRP | Restricted Stock Units, Based on Common Stock $.01 Par Value | Conversion of derivative security | $0 | -8.29K | -33.33% | $0.00 | 16.6K | Aug 12, 2022 | Common Stock, $.01 par value | 8.29K | $0.00 | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | On August 12, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for $45,000 of shares of SGRP's Common Stock having a value of its market price of $1.81 per share on the day awarded which equals 24,862 shares of SGRP's Common Stock. The RSUs are scheduled to vest and will be payable in cash or Common Stock (at the option of the issuer) over a three (3) year period following the date of grant annually in three (3) annual installments of 8,287 each starting on the first anniversary of the RSU grant date, subject to certain conditions, but no exercise price or other payment for such shares is required. |
| F2 | Not applicable. |
| F3 | There was no conversion price to be paid. |
| F4 | On the date the RSU's vested and were replaced with common stock, the value was $1.25 per share. |