Hartwick Kenneth Michael 4
4 · Via Renewables, Inc. · Filed May 22, 2023
Insider Transaction Report
Form 4
Hartwick Kenneth Michael
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-05-18+3,297→ 12,126 total - Award
Restricted Stock Unit
2023-05-18+2,936→ 2,936 total→ Class A Common Stock (2,936 underlying) - Exercise/Conversion
Restricted Stock Uni
2023-05-18−3,297→ 0 total→ Class A Common Stock (3,297 underlying)
Footnotes (4)
- [F1]The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represent shares issued as a result of vesting of 3,297 restricted stock units (the "Restricted Stock Units") on May 18, 2023. All share counts of Class A Common Stock reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 5 reverse stock split effected on March 21, 2023.
- [F2]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 vest upon the same schedule as the underlying Restricted Stock Units.
- [F3]On May 18, 2022, the reporting person received a grant of 2,975 Restricted Stock Units and tandem dividend equivalent rights that vested in full on May 18, 2023.
- [F4]These Restricted Stock Units vest one year from the grant date on May 18, 2024.