James G. Jones II - 15 Sep 2021 Form 4 Insider Report for Via Renewables, Inc. (VIASP)

Signature
/s/ James G. Jones II, by Dominique R. Colvard, Attorney-in-Fact
Issuer symbol
VIASP
Transactions as of
15 Sep 2021
Net transactions value
+$17,476
Form type
4
Filing time
17 Sep 2021, 07:35:30 UTC
Previous filing
16 Jun 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 VIA Restricted Stock Unit Award $1,847 +164 +1.3% $11.26 12,470 15 Sep 2021 Class A Common Stock 164 Direct F1, F2, F3, F4, F5
transaction VIA Restricted Stock Unit Award $15,629 +1,388 +1.7% $11.26 85,500 15 Sep 2021 Class A Common Stock 1,388 Direct F1, F2, F4, F5, F6
* 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 Via Renewables, 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 the next two years on May 18, 2022 and May 18, 2023.
F4 The price is based on the closing price on Wednesday, September 1, 2021.
F5 Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.
F6 These Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.