Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
FRANCO PATRICIA
   2. Issuer Name and Ticker or Trading Symbol
SPAR GROUP INC [SGRP] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SENIOR VICE PRESIDENT
(Last)
(First)
(Middle)
C/O SPAR GROUP INC, 560 WHITE PLAINS ROAD, SUITE 210		 3. Date of Earliest Transaction (Month/Day/Year)
11/03/2010
(Street)

TARRYTOWN, NY 10591		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value 11/03/2010   M   2,500 A $ 0.4 25,131 D  
Common Stock, $.01 par value 11/03/2010   M   2,500 A $ 0.4 27,631 D  
Common Stock, $.01 par value 11/03/2010   M   10,000 A $ 0.4 37,631 D  
Common Stock, $.01 par value 11/03/2010   M   10,000 A $ 0.625 47,631 D  
Common Stock, $.01 par value 11/03/2010   S   5,829 D $ 1.05 41,802 D  
Common Stock, $.01 par value 11/04/2010   S   14,280 A $ 1.05 27,522 D  
Common Stock, $.01 par value 11/05/2010   S   4,891 A $ 1.05 22,631 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to buy Common Stock $ 0.4 11/03/2010   M     2,500 08/06/2009 08/06/2019 Common Stock, $.01 par value 2,500 $ 0.4 261,000 D  
Option to buy Common Stock $ 0.4 11/03/2010   M     2,500 08/06/2009 08/06/2019 Common Stock, $.01 par value 2,500 $ 0.4 258,500 D  
Option to buy Common Stock $ 0.4 11/03/2010   M     10,000 08/06/2009 08/06/2019 Common Stock, $.01 par value 10,000 $ 0.4 248,500 D  
Option to buy Common Stock $ 0.625 11/03/2010   M     10,000   (1) 12/04/2010 Common Stock, $.01 par value 10,000 $ 0.4 238,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FRANCO PATRICIA
C/O SPAR GROUP INC
560 WHITE PLAINS ROAD, SUITE 210
TARRYTOWN, NY 10591		       SENIOR VICE PRESIDENT  

Signatures

 James Segreto, as attorney-in-fact under Power of Attorney Grant and Confirming Statement dated March 4, 2004   12/15/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Vests as to 2,500 shares each on 12/4/2001, 12/4/2002, 12/4/2003 and 12/4/2004.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.