0001437749-23-009855.txt : 20230410 0001437749-23-009855.hdr.sgml : 20230410 20230410170028 ACCESSION NUMBER: 0001437749-23-009855 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230310 FILED AS OF DATE: 20230410 DATE AS OF CHANGE: 20230410 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Calisto Pato Antonio CENTRAL INDEX KEY: 0001967876 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27408 FILM NUMBER: 23811681 MAIL ADDRESS: STREET 1: C/O SPAR GROUP, INC., 1910 OPDYKE COURT CITY: AUBURN HILLS STATE: MI ZIP: 48326 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SPAR Group, Inc. CENTRAL INDEX KEY: 0001004989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 330684451 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1910 OPDYKE COURT CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 2483647727 MAIL ADDRESS: STREET 1: 1910 OPDYKE COURT CITY: AUBURN HILLS STATE: MI ZIP: 48326 FORMER COMPANY: FORMER CONFORMED NAME: SPAR GROUP INC DATE OF NAME CHANGE: 19990713 FORMER COMPANY: FORMER CONFORMED NAME: PIA MERCHANDISING SERVICES INC DATE OF NAME CHANGE: 19951220 3 1 rdgdoc.xml FORM 3 X0206 3 2023-03-10 0 0001004989 SPAR Group, Inc. SGRP 0001967876 Calisto Pato Antonio C/O SPAR GROUP, INC. 1910 OPDYKE COURT AUBURN HILLS MI 48326 1 Chief Financial Officer Restricted Stock Units, Based on Common Stock, $.01 Par Valu 1.2800 2024-03-10 Common Stock, $.01 Par Value 117188 D On March 10, 2023, the Reporting Person received an inducement award approved by SPAR Group, Inc.'s (the Issuer) Board of Directors for Restricted Stock Units (RSUs) for $150,000 of shares of SGRP's Common Stock representing 117,188 shares of the Issuer's Common Stock based on the market price of $1.28 per share on March 10, 2023 (the RSU issuance date). Subject to certain conditions (including the Reporting Person's continued employment by the Issuer at such time), the RSUs are scheduled on March 10, 2024, to automatically vest and convert and become payable either (at the option of the Issuer) in cash or Common Stock issued directly from the Issuer, but no exercise price or other payment for such shares is required. Not applicable. /s/ Antonio Calisto Pato 2023-04-10