Barbara Clay - May 18, 2022 Form 4 Insider Report for Via Renewables, Inc. (VIA)

Role
Acting General Counsel and Sec
Signature
/s/ Barbara Clay
Stock symbol
VIA
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 02:55 PM
Previous filing
Mar 17, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIA Class A Common Stock Options Exercise $0 +15.2K +1543.26% $0.00 16.2K May 18, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIA Restricted Stock Unit Options Exercise $0 -15.2K -100% $0.00* 0 May 18, 2022 Class A Common Stock 15.2K Direct F2, F3
transaction VIA Restricted Stock Unit Award $0 +31K $0.00 31K May 18, 2022 Class A Common Stock 31K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represent shares issued as a result of vesting 15,232 restricted stock units (the "Restricted Stock Units") on May 18, 2022.
F2 Each Restricted Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, cash, or a combination of both. Each Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Units.
F3 On September 4, 2020, the reporting person received a grant of 27,500 Restricted Stock Units and tandem dividend equivalent rights that vested 50% on May 18, 2021 and 50% on May 18, 2022.
F4 These Restricted Stock Units vest ratably over four years beginning on May 18 in the year following the grant.