Ronald W. Lutz - 02 Aug 2022 Form 4 Insider Report for SPAR Group, Inc. (SGRP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Oct 2022, 09:20:39 UTC
Prior SEC filing
22 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ronald W. Lutz

Key filing fact

Ronald W. Lutz filed Form 4 for SPAR Group, Inc. (SGRP) on 11 Oct 2022.

Key facts

  • This page summarizes Ronald W. Lutz's Form 4 filing for SPAR Group, Inc. (SGRP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 11 Oct 2022, 09:20.

Change

  • Previous filing in this sequence was filed on 22 Sep 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SGRP transaction Derivative

Restricted Stock Units, Based on Common Stock $.01 Par Value

Conversion of derivative security

Transaction value
$0
Shares
-26,882
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 Aug 2022
Ownership
Direct
Underlying class
Common Stock, $0.1 par value
Underlying amount
26,882
Exercise price
$0.000000
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On August 2, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for $50,000 of shares of SGRP's Common Stock having a value of its market price of $1.86 per share on the day awarded, which equals 26,882 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) on August 2, 2022, subject to certain conditions, but no exercise price or other payment for such shares is required.

Footnote F2

Not applicable.

Footnote F3

There was no conversion price to be paid.

Footnote F4

On the date the RSU's vested and were replaced with common stock, the value was $1.15 per share.

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