Filing Details

Accession Number:
0001437749-11-006228
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-19 15:22:24
Reporting Period:
2011-03-10
Filing Date:
2011-08-19
Accepted Time:
2011-08-19 15:22:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1004989 Spar Group Inc SGRP Services-Business Services, Nec (7389) 330684451
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1406590 S Gary Raymond C/O Spar Group, Inc.
560 White Plains Road, Suite 210
Tarrytown NY 10591
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.01 Par Value Acquisiton 2011-08-17 3,000 $1.16 153,200 No 4 P Direct
Common Stock, $.01 Par Value, Restricted Acquisiton 2011-03-10 100,000 $2.34 150,200 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 A Direct
Footnotes
  1. On March 10, 2011, the Issuer's Compensation Committee awarded 100,000 restricted shares of the Issuer's common stock as additional compensation to the Reporting Person, Gary S. Raymond, the Company's Chief Executive Officer and President. The restricted shares vest (and the Issuer will issue and deliver to Mr. Raymond) 20,000 shares per year over the next five (5) year on each anniversary of such grant, starting on March 10, 2012, and continuing through March 10, 2016, provided that Mr. Raymond continues to be so employed by the Issuer on the applicable vesting date. If Mr. Raymond leaves such employment, he will lose his right to receive any unvested shares.