R. Matacunas - Feb 22, 2021 Form 3 Insider Report for SPAR Group, Inc. (SGRP)

Role: Chief Executive Officer, Director
Signature: /s/ Michael R. Matacunas
Stock symbol: SGRP
Transactions as of: Feb 22, 2021
Transactions value $: $0
Form type: 3
Date filed: 6/3/2021, 11:07 AM
Next filing: May 17, 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SGRP	Option to buy Common Stock, $.01 par value							Feb 22, 2021	Common Stock, $.01 par value	630K	$1.90	Direct
holding	SGRP	Restricted Stock Units, Based on Common Stock,$.01 Par Value							Feb 22, 2021	Common Stock, $.01 par value	26.3K	$1.90	Direct	F1, F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 22, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for 26,315 shares of SGRP's Common Stock having a value of its market price of $1.90 per share on the day awarded. The RSUs will vest and be payable in cash or Common Stock (at the option of the Issuer) on February 22, 2022, subject to certain conditions, but no exercise price or other payment for such shares is required.
F2	Not applicable.

Content

On February 22, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for 26,315 shares of SGRP's Common Stock having a value of its market price of $1.90 per share on the day awarded. The RSUs will vest and be payable in cash or Common Stock (at the option of the Issuer) on February 22, 2022, subject to certain conditions, but no exercise price or other payment for such shares is required.

Not applicable.