Fay DeVriese - 12 Aug 2022 Form 4 Insider Report for SPAR Group, Inc. (SGRP)

Reporting relationship: Chief Financial Officer
Issuer ticker: SGRP
Reported as of: 12 Aug 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Oct 2022, 14:50:46 UTC
Prior SEC filing: 10 Sep 2021
Next SEC filing: 07 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Fay DeVriese

Key filing fact

Fay DeVriese filed Form 4 for SPAR Group, Inc. (SGRP) on 17 Oct 2022.

Key facts

This page summarizes Fay DeVriese's Form 4 filing for SPAR Group, Inc. (SGRP).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 17 Oct 2022, 14:50.

Change

Previous filing in this sequence was filed on 10 Sep 2021.
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: -8,287
Change %: -33%
Price: $0.000000
Shares after: 16,575
Date: 12 Aug 2022
Ownership: Direct
Underlying class: Common Stock, $.01 par value
Underlying amount: 8,287
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 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.

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 $1.25 per share.