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4//SEC Filing

BARTELS WILLIAMS H 4

Accession 0001437749-24-006045

CIK 0001004989other

Filed

Feb 28, 7:00 PM ET

Accepted

Feb 29, 2:03 PM ET

Size

14.6 KB

Accession

0001437749-24-006045

Insider Transaction Report

Form 4
Period: 2023-10-04
BARTELS WILLIAMS H
DirectorVice Chairman10% Owner
Transactions
  • Exercise/Conversion

    Common Stock, $.01 par value

    2023-11-10+206,4635,606,547 total
  • Exercise/Conversion

    Series B Preferred Stock, $.01 par value

    2023-11-10137,6420 total
    Series B Preferred Stock, $.01 par value (137,642 underlying)
  • Exercise/Conversion

    Common Stock, $.01 par value

    2023-10-04+240,8705,400,084 total
  • Exercise/Conversion

    Common Stock, $.01 par value

    2024-01-11150,0000 total(indirect: By SPAR Administrative Services, Inc.)
  • Exercise/Conversion

    Series B Preferred Stock, $.01 par value

    2023-10-04160,580137,642 total
    Series B Preferred Stock, $.01 par value (160,580 underlying)
  • Exercise/Conversion

    Common Stock, $.01 par value

    2024-01-11+150,0005,756,547 total
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 of 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]Series B Preferred Stock are automatically convertible into the Common Stock on a 1 for 1.5 basis upon vesting.
  • [F3]Vests according to schedule in Change of 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.
  • [F4]Not applicable.
  • [F5]Acquisition of Series B Preferred Stock pursuant to Change of 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]William H. Bartels is President and was a 39% shareholder on October 4, 2023, and was a 100% shareholder on and after December 8, 2023 of SPAR Administrative Services, Inc. (SAS).
  • [F7]Privately transferred in a non-market transaction from SPAR Administrative Services, Inc. (SAS) to William H. Bartels.

Issuer

SPAR Group, Inc.

CIK 0001004989

Entity typeother

Related Parties

1
  • filerCIK 0001090391

Filing Metadata

Form type
4
Filed
Feb 28, 7:00 PM ET
Accepted
Feb 29, 2:03 PM ET
Size
14.6 KB