Maxwell W Keith III 4

4 · Via Renewables, Inc. · Filed May 22, 2023

Form 4

Period: 2023-05-18

Director10% Owner

Transactions

Exercise/Conversion
Class A Common Stock
2023-05-18+27,346→ 761,096 total
Tax Payment
Class A Common Stock
2023-05-18$12.46/sh−10,948$136,412→ 750,148 total
Exercise/Conversion
Class A Common Stock
2023-05-18+9,422→ 759,570 total
Tax Payment
Class A Common Stock
2023-05-18$12.46/sh−3,772$46,999→ 755,798 total
Exercise/Conversion
Restricted Stock Unit
2023-05-18−27,346→ 0 total
→ Class A Common Stock (27,346 underlying)
Exercise/Conversion
Restricted Stock Unit
2023-05-18−9,422→ 18,635 total
→ Class A Common Stock (9,422 underlying)
Award
Restricted Stock Unit
2023-05-18+59,454→ 59,454 total
→ Class A Common Stock (59,454 underlying)

Footnotes (7)

[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 27,346 restricted stock units (the "Restricted Stock Units") on May 18, 2023. All share counts of Class A Common Stock (and Restricted Stock Units) 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]Payment for tax liability through the withholding of shares of Class A Common Stock in an amount equal to the requisite withholding obligation.
[F3]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 9,422 restricted stock units (the "Restricted Stock Units") on May 18, 2023.
[F4]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.
[F5]These Restricted Stock Units vested in full on May 18, 2023.
[F6]These Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.
[F7]These Restricted Stock Units vest in full on May 18, 2024.

Documents

1 file