Maxwell W Keith III 4
4 · Via Renewables, Inc. · Filed May 21, 2024
Insider Transaction Report
Form 4
Maxwell W Keith III
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2024-05-18+9,318→ 758,066 total - Exercise/Conversion
Restricted Stock Unit
2024-05-18−9,318→ 9,317 total→ Class A Common Stock (9,318 underlying) - Tax Payment
Class A Common Stock
2024-05-18$10.96/sh−23,680$259,533→ 790,124 total - Exercise/Conversion
Class A Common Stock
2024-05-18+59,454→ 813,804 total - Tax Payment
Class A Common Stock
2024-05-18$10.96/sh−3,716$40,727→ 754,350 total - Exercise/Conversion
Restricted Stock Unit
2024-05-18−59,454→ 0 total→ Class A Common Stock (59,454 underlying)
Footnotes (6)
- [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 9,318 restricted stock units (the "Restricted Stock Units") on May 18, 2024.
- [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 59,454 restricted stock units (the "Restricted Stock Units") on May 18, 2024.
- [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 vest ratably over four years in May of each year starting in the year following the grant.
- [F6]These Restricted Stock Units vested in full on May 18, 2024.