4 1 d884659.txt STATEMENT DATE: 01/29/2003 ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Partridge Jack W. -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o SPAR Group, Inc. 580 White Plains Road -------------------------------------------------------------------------------- (Street) Tarrytown New York 10591 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol SPAR Group, Inc. ("SGRP") -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Year January 29, 2003 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by one Reporting Person [ ] Form filed by more than one Reporting Person -------------------------------------------------------------------------------- ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
6. 4. 5. Owner- 2A. Securities Acquired (A) or Amount of ship Deemed 3. Disposed of (D) Securities Form: 7. Execution Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Date, if Code -------------------------- Owned Follow- (D) or Indirect 1. Transaction any (Instr. 8) (A) ing Reported Indirect Beneficial Title of Security Date (mm/dd/yy) ----------- Amount or Price Transactions (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) (Instr. 3 and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 10,968 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Page 1 of 2 (Over) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
10. 9. Owner- Number ship of Form 2. 6. Deriv- of Conver- 5. Date 7. ative Deriv- 11. sion Number of Exercisable Title and Amount Secur- ative Nature or Derivative and of Underlying 8. ities Secur- of Exer- 4. Securities Expiration Date Securities Price Bene- ity: In- cise 3. 3A. Trans- Acquired (A) (Month/Day/Year) (Instr. 3 and 4) of ficially Direct direct Price Trans- Deemed action or Disposed ---------------- ---------------- Deriv- Owned (D) or Bene- 1. of action Execution Code of(D) Amount ative Following In- ficial Title of Deriv- Date Date, if (Instr. (Instr. 3, or Secur- Reported direct Owner- Derivative ative (Month/ any 8) 4 and 5) Date Expira- Number ity Trans- (I) ship Security Secur- Day/ (Month/Day ------ ----------- Exer- tion of (Instr. actions (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) (Instr. 4) 4) 4) ----------------------------------------------------------------------------------------------------------------------------------- Options to buy Common Common Stock $0.6875 Immed. 01/29/2011 Stock 10,000 D ----------------------------------------------------------------------------------------------------------------------------------- Options to buy Common Common Stock $1.75 Immed. 01/29/2012 Stock 2,500 D ------------------------------------------------------------------------------------------------------------------------------------ Options to buy Common Common Stock $.01 Immed. 12/31/2012 Stock 791 D ------------------------------------------------------------------------------------------------------------------------------------ Options to buy Common Common Stock $3.15 01/29/2003 A 2,500 1/29/04 01/29/2013 Stock 2,500 D ------------------------------------------------------------------------------------------------------------------------------------ Options to buy Common Stock 15,792 D ====================================================================================================================================
Explanation of Responses: /s/ Lawrence David Swift 01/31/03 --------------------------------------------- ------------------- **Signature of Reporting Person Date Lawrence David Swift, as attorney-in-fact under Power of Attorney Grant and Confirming Statement dated November 7, 2002. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 of 2