W. Keith Maxwell III - May 18, 2021 Form 4 Insider Report for Spark Energy, Inc. (VIASP)

Role
CEO, Director, 10%+ Owner
Signature
/s/ W. Keith Maxwell III, by Dominique R. Colvard, Attorney-in-Fact
Stock symbol
VIASP
Transactions as of
May 18, 2021
Transactions value $
-$138,886
Form type
4
Date filed
5/20/2021, 05:08 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIASP Class A Common Stock Options Exercise $0 +52.5K +2.01% $0.00 2.66M May 18, 2021 Direct F1
transaction VIASP Class A Common Stock Tax liability -$139K -13K -0.49% $10.70 2.65M May 18, 2021 Direct F2

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 VIASP Restricted Stock Unit Award $0 +52.5K $0.00 52.5K May 18, 2021 Class A Common Stock 52.5K Direct F3, F4
transaction VIASP Restricted Stock Unit Award $0 +158K $0.00 158K May 18, 2021 Class A Common Stock 158K Direct F3, F5
transaction VIASP Restricted Stock Unit Options Exercise $0 -52.5K -100% $0.00* 0 May 18, 2021 Class A Common Stock 52.5K Direct F3, 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 represents shares issued as a result of vesting 52,521 restricted stock units (the "Restricted Stock Units") on May 18, 2021.
F2 Payment for tax liability through the withholding of shares of Class A Common Stock in an amount equal to the requisite withholding obligation.
F3 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 Unit.
F4 These Restricted Stock Units vested simultaneously with grant on May 18, 2021.
F5 These Restricted Stock Units vest ratably over four years beginning on May 21, 2022.