FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Marrone Gerard

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/3/2018 

3. Issuer Name and Ticker or Trading Symbol

SPAR GROUP INC [SGRP]

(Last)        (First)        (Middle)

C/O SPAR GROUP, INC., 333 WESTCHESTER AVE, SOUTH BLDG, STE 204

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Revenue Officer /

(Street)

WHITE PLAINS, NY 10604      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

6. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $.01 par value 5760 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to buy Common Stock  (2)1/9/2027 Common Stock, $.01 par value 50000 $1.0000 D  
Option to buy Common Stock  (3)5/3/2028 Common Stock, $.01 par value 20000 $1.2300 D  
Option to buy Common Stock  (4)4/5/2029 Common Stock, $.01 par value 20000 $0.6400 D  

Explanation of Responses:
(1) Shares the result of a cashless exercise of 50,000 options on August 28, 2019.
(2) Vests as to 25,000 shares on each of January 9, 2020 and 2021, respectively.
(3) Vests as to 5,000 shares each of May 3, 2019, 2020, 2021 and 2022, respectively.
(4) Vests as to 5,000 shares on each of April 5, 2020, 2021, 2022 and 2023, respectively.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Marrone Gerard
C/O SPAR GROUP, INC.
333 WESTCHESTER AVE, SOUTH BLDG, STE 204
WHITE PLAINS, NY 10604


Chief Revenue Officer

Signatures
/s/ Gerard Marrone10/22/2019
**Signature of Reporting PersonDate

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