Barajas Mike 4
4 · Via Renewables, Inc. · Filed Jun 17, 2024
Insider Transaction Report
Form 4
Barajas Mike
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2024-06-13$11.00/sh−14,417$158,587→ 0 total→ Class A Common Stock (14,417 underlying) - Disposition to Issuer
Class A Common Stock
2024-06-13$11.00/sh−8,751$96,261→ 0 total
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company, and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent, all of the reporting person's Class A Common Stock was acquired for $11.00 per share.
- [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 will vest upon the same schedule as the underlying Restricted Stock Units.
- [F3]Pursuant to the Merger Agreement, all of the reporting person's Restricted Stock Units were cancelled, extinguished and converted into $11.00 per Restricted Stock Unit.
- [F4]These Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.