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

Signature
/s/ James G. Jones II, by Dominique R. Colvard, Attorney-in-Fact
Stock symbol
VIA
Transactions as of
Sep 15, 2021
Transactions value $
$17,476
Form type
4
Date filed
9/17/2021, 07:35 AM
Previous filing
Jun 16, 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 $1.85K +164 +1.33% $11.26 12.5K Sep 15, 2021 Class A Common Stock 164 Direct F1, F2, F3, F4, F5
transaction VIA Restricted Stock Unit Award $15.6K +1.39K +1.65% $11.26 85.5K Sep 15, 2021 Class A Common Stock 1.39K 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.