Kori G. Belzer - 20 May 2024 Form 4 Insider Report for SPAR Group, Inc. (SGRP)

Role
Global Chief Operating Officer
Signature
/s/ Kori G. Belzer
Issuer symbol
SGRP
Transactions as of
20 May 2024
Net transactions value
+$28,703
Form type
4
Filing time
07 Jun 2024, 08:45:58 UTC
Previous filing
07 Jun 2024
Next filing
13 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGRP Common Stock, $.01 par value Options Exercise $28,703 +13,227 +104% $2.17 25,921 20 May 2024 Direct F1, F2

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
transaction SGRP Option to buy Common Stock Options Exercise $0 -6,250 -16% $0.000000 32,500 20 May 2024 Common Stock, $.01 par value 6,250 $0.9200 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -5,000 -15% $0.000000 27,500 20 May 2024 Common Stock, $.01 par value 5,000 $1.23 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -5,000 -18% $0.000000 22,500 20 May 2024 Common Stock, $.01 par value 5,000 $1.23 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -5,000 -22% $0.000000 17,500 20 May 2024 Common Stock, $.01 par value 5,000 $1.23 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -5,000 -29% $0.000000 12,500 20 May 2024 Common Stock, $.01 par value 5,000 $1.23 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -6,250 -50% $0.000000 6,250 20 May 2024 Common Stock, $.01 par value 6,250 $0.6400 Direct F1, F2, F3, F4
transaction SGRP Option to buy Common Stock Options Exercise $0 -6,250 -100% $0.000000* 0 20 May 2024 Common Stock, $.01 par value 6,250 $0.6400 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person received the options listed in Table II at various times, which were exercisable and would have expired at the dates specified in Table II and required the payment of the exercise price specified in Table II.
F2 Reporting Person exercised options covering a total of 38,750 shares and received net shares of 13,227 after the cashless exercise of the options and applicable tax withholdings.
F3 Not applicable.
F4 This "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" applies only to the shares of the Issuer's Common Stock that the Reporting Person may acquire through her exercise of her remaining outstanding options. It does not include any remaining unvested 2021 RSU shares, which have been previously reported.