W. Keith Maxwell III - Mar 15, 2022 Form 4 Insider Report for Via Renewables, Inc. (VIA)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ W. Keith Maxwell III, by Dominique R. Colvard, Attorney-in-Fact
Stock symbol: VIA
Transactions as of: Mar 15, 2022
Transactions value $: $29,991
Form type: 4
Date filed: 3/17/2022, 06:25 PM
Previous filing: Mar 15, 2022
Next filing: Mar 29, 2022

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	$30K	+2.72K	+1.65%	$11.01	168K	Mar 15, 2022	Class A Common Stock	2.72K		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 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 in full on May 18, 2022.
F4	The price is based on the closing price on Tuesday, March 1, 2022.
F5	Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.