Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VIA | Class A Common Stock | Award | $1.79K | +160 | +1.6% | $11.19 | 10.2K | Dec 15, 2021 | Class A Common Stock | 160 | Direct | F1, F2, F3, F4, F5 |
Id | Content |
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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 four years in May of each year starting in the year following the grant. |
F4 | The price is based on the closing price on Wednesday, December 1, 2021. |
F5 | Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units. |