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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Mastrogiannis Panagiotis
 2. Date of Event Requiring Statement (Month/Day/Year)
04/03/2015		 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 Information Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WHITE PLAINS, NY 10604		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to buy Common Stock   (1) 08/07/2024 Common Stock, $.01 par value 5,000 $ (1) D  
Option to buy Common Stock 08/06/2014 08/06/2023 Common Stock, $.01 par value 15,000 $ 2.14 D  
Option to buy Common Stock 08/01/2013 08/01/2022 Common Stock, $.01 par value 10,000 $ 1.09 D  
Option to buy Common Stock 08/04/2012 08/04/2021 Common Stock, $.01 par value 10,000 $ 1.23 D  
Option to buy Common Stock 08/05/2011 08/05/2020 Common Stock, $.01 par value 10,000 $ 1 D  
Option to buy Common Stock 08/06/2010 08/06/2019 Common Stock, $.01 par value 68,250 $ 0.4 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mastrogiannis Panagiotis
C/O SPAR GROUP, INC.
333 WESTCHESTER AVE, SOUTH BLDG, STE 204
WHITE PLAINS, NY 10604		       Chief Information Officer  

Signatures

/s/ Panagiotis Mastrogiannis 04/07/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) On August 7, 2014, the Reporting Person received a restricted stock award for 5,000 shares of SGRP's common stock, which had a market price of $1.42 per share on the day awarded. 1,250 of those shares will vest and become unrestricted on each of August 7, 2015, 2016, 2017 and 2018, subject to certain conditions, but no exercise price or other payment for such shares is required.

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