Maxwell W Keith III 4
4 · Via Renewables, Inc. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Maxwell W Keith III
Director10% Owner
Transactions
- Award
Restricted Stock Unit
2023-03-15$5.81/sh+4,513$26,221→ 140,271 total→ Class A Common Stock (4,513 underlying) - Award
Restricted Stock Unit
2023-03-15$5.81/sh+3,866$22,461→ 136,729 total→ Class A Common Stock (3,866 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, 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 Units.
- [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 March 1, 2023 of $5.81.
- [F5]Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.
- [F6]These Restricted Stock Units vest in full on May 18, 2023.