W. Keith Maxwell III - Jun 15, 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
Jun 15, 2021
Transactions value $
$28,552
Form type
4
Date filed
6/16/2021, 04:07 PM
Previous filing
May 28, 2021
Next filing
Jun 29, 2021

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 $28.6K +2.77K +1.76% $10.30 160K Jun 15, 2021 Class A Common Stock 2.77K Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("Restricted Stock Unit") represents a right to receive, upon vesting, one share of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), of Spark Energy, Inc., 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.
F2 These Restricted Stock Units accrued on outstanding Restricted Stock Units held by the reporting person as a result of a dividend equivalent payment made to the holder when the Company paid its most recent quarterly dividend on the Class A Common Stock.
F3 These Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.
F4 The price is based on the closing price on Tuesday, June 1, 2021.
F5 Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.