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

Role
Acting General Counsel and Sec
Signature
/s/ Barbara Clay
Issuer symbol
VIASP
Transactions as of
18 May 2022
Net transactions value
$0
Form type
4
Filing time
20 May 2022, 14:55:08 UTC
Previous filing
17 Mar 2022
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIA Class A Common Stock Options Exercise $0 +15,232 +1543% $0.000000 16,219 18 May 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 -15,232 -100% $0.000000* 0 18 May 2022 Class A Common Stock 15,232 Direct F2, F3
transaction VIA Restricted Stock Unit Award $0 +30,979 $0.000000 30,979 18 May 2022 Class A Common Stock 30,979 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.