------------------------------ 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* Brown Robert G. -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o SPAR Group, Inc. 580 White Plains Road -------------------------------------------------------------------------------- (Street) Tarrytown NY 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 March, 2002 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [X] 10% Owner [X] Officer (give title below) [X] Other (specify below) Chairman, Chief Executive Officer and President ----------------------------------------------- -------------------------------------------------------------------------------- 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- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/01/2002 P 500 A $2.07 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/04/2002 P 300 A $2.08 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/04/2002 P 200 A $2.28 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/04/2002 P 1000 A $2.29 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/05/2002 P 300 A $2.27 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/05/2002 P 200 A $2.07 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/05/2002 P 500 A $2.07 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/06/2002 P 1000 A $2.08 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/06/2002 P 500 A $2.08 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/06/2002 P 500 A $2.21 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 300 A $2.165 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 300 A $2.16 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 700 A $2.15 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 1000 A $2.10 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 500 A $2.10 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 500 A $2.10 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 500 A $2.10 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/07/2002 P 500 A $2.10 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/08/2002 P 1000 A $2.20 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/08/2002 P 500 A $2.20 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/08/2002 P 500 A $2.20 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/08/2002 P 1000 A $2.25 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $.01 03/08/2002 P 700 A $2.27 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.1 5,975,386 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.1 1,930,650 I (1)(2) ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (Print or Type Responses). (1) As Trustee under Defined Benefit Pension Trust of SP/R, Inc. (f/k/a SPAR/Burgoyne, Inc). (2) As Trustee under Grantor Trust I of Robert G. Brown Dated March 22, 1999 for the benefit of Reporting Person's children, and as Trustee under Defined Benefit Pension Trust of SP/R, Inc. (f/k/a SPAR/Burgoyne, Inc). 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. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Explanation of Responses: /s/ Lawrence David Swift 4/9/2002 --------------------------------------------- ------------------- **Signature of Reporting Person Date Lawrence David Swift, as attorney-in- fact under Confirming Statement dated July 15, 1999. * 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