4//SEC Filing
BARTELS WILLIAMS H 4
Accession 0001437749-23-002407
CIK 0001004989other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 6:43 AM ET
Size
14.0 KB
Accession
0001437749-23-002407
Insider Transaction Report
Form 4
SPAR Group, Inc.SGRP
BARTELS WILLIAMS H
DirectorVice Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock, $.01 par value
2022-05-30+25,670→ 4,952,754 total - Exercise/Conversion
Series B Preferred Stock, $.01 par value
2022-05-30−17,113→ 435,862 total→ Series B Preferred Stock, $.01 par value (17,113 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2022-05-30+75,000→ 150,000 total(indirect: By SPAR Administrative Services, Inc. (SAS).) - Exercise/Conversion
Series B Preferred Stock, $.01 par value
2022-05-30−50,000→ 0 total(indirect: By SPAR Administrative Services, Inc. (SAS).)→ Series B Preferred Stock, $.01 par value (50,000 underlying) - Exercise/Conversion
Series B Preferred Stock, $.01 par value
2022-05-30−34,375→ 401,487 total→ Series B Preferred Stock, $.01 par value (34,375 underlying)
Footnotes (7)
- [F1]Acquisition of Common Stock from SPAR Group, Inc. (the "Issuer"), as a result of the vesting and conversion of the convertible preferred shares received from the Issuer pursuant to Change in Control, Voting and Restricted Stock Agreement, by and among the Issuer, Robert G. Brown, William H. Bartels and others, as reported in the Issuer's Current Report on Form 8-K filed January 28, 2022.
- [F2]75,000 shares of Common Stock held by SPAR Administrative Services, Inc. (SAS) are beneficially owned by William H. Bartels. See Footnote 3.
- [F3]William H. Bartels is President and a 39% shareholder of SPAR Administrative Services, Inc. (SAS).
- [F4]Series B Preferred Stock are automatically convertible into the Common Stock on a 1 for 1.5 basis upon vesting.
- [F5]Vests according to schedule in Change in Control, Voting and Restricted Stock Agreement, by and among SPAR Group, Inc., Robert G. Brown, William H. Bartels and others, as reported in SPAR Group, Inc.'s Current Report on Form 8-K filed January 28, 2022.
- [F6]Not applicable.
- [F7]Transfer of Series B Preferred Stock from William H. Bartels to Robert G. Brown in accordance with the Change in Control, Voting and Restricted Stock Agreement, by and among the Issuer, Robert G. Brown, William H. Bartels and others, as reported in the Issuer's Current Report on Form 8-K filed January 28, 2022.
Documents
Issuer
SPAR Group, Inc.
CIK 0001004989
Entity typeother
Related Parties
1- filerCIK 0001090391
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 6:43 AM ET
- Size
- 14.0 KB