4//SEC Filing
DeVriese Fay 4
Accession 0001437749-22-024231
CIK 0001004989other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 2:50 PM ET
Size
6.2 KB
Accession
0001437749-22-024231
Insider Transaction Report
Form 4
SPAR Group, Inc.SGRP
DeVriese Fay
Chief Financial Officer
Transactions
- Conversion
Restricted Stock Units, Based on Common Stock $.01 Par Value
2022-08-12−8,287→ 16,575 totalExercise: $0.00From: 2022-08-12→ Common Stock, $.01 par value (8,287 underlying)
Footnotes (4)
- [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.
Documents
Issuer
SPAR Group, Inc.
CIK 0001004989
Entity typeother
Related Parties
1- filerCIK 0001840907
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 2:50 PM ET
- Size
- 6.2 KB