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

Role
Director
Signature
/s/ Amanda Bush, by Barbara Clay, Attorney-in-Fact
Stock symbol
VIA
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 04:11 PM
Previous filing
Mar 17, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIA Class A Common Stock Options Exercise $0 +1.46K +53.32% $0.00 4.18K May 18, 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 -1.46K -100% $0.00* 0 May 18, 2023 Class A Common Stock 1.46K Direct F2, F3
transaction VIA Restricted Stock Unit Award $0 +2.94K $0.00 2.94K May 18, 2023 Class A Common Stock 2.94K 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.