Amanda Bush - 18 May 2023 Form 4 Insider Report for Via Renewables, Inc. (VIASP)

Role
Director
Signature
/s/ Amanda Bush, by Barbara Clay, Attorney-in-Fact
Issuer symbol
VIASP
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 16:11:10 UTC
Previous filing
17 Mar 2023
Next filing
21 May 2024
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 +1,455 +53% $0.000000 4,184 18 May 2023 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 -1,455 -100% $0.000000* 0 18 May 2023 Class A Common Stock 1,455 Direct F2, F3
transaction VIA Restricted Stock Unit Award $0 +2,936 $0.000000 2,936 18 May 2023 Class A Common Stock 2,936 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 of 1,455 restricted stock units (the "Restricted Stock Units") on May 18, 2023. All share counts of Class A Common Stock (and Restricted Stock Units) reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 5 reverse stock split effected on March 21, 2023.
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 vest upon the same schedule as the underlying Restricted Stock Units.
F3 On May 18, 2022, the reporting person received a grant of 1,313 Restricted Stock Units and tandem dividend equivalent rights that vested in full on May 18, 2023.
F4 These Restricted Stock Units vest one year from the grant date on May 18, 2024.