Spark Energy, Inc. 4
4 · Spark Energy, Inc. · Filed May 20, 2016
Insider Transaction Report
Form 4
Hodges Georganne
See Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2016-05-18+2,715→ 7,854 total - Exercise/Conversion
Restricted Stock Unit
2016-05-18−2,715→ 22,316 total→ Class A Common Stock (2,715 underlying) - Award
Restricted Stock Unit
2016-05-18+10,000→ 32,316 total→ Class A Common Stock (10,000 underlying) - Tax Payment
Class A Common Stock
2016-05-18$29.91/sh−745$22,287→ 7,109 total
Holdings
- 5,139
Class A Common Stock
Footnotes (5)
- [F1]The shares of Class A Common Stock reported represent shares issued as a result of vesting of 2,715 Restricted Stock Units ("RSU") on May 18, 2016.
- [F2]Payment for tax liability through the withholding of shares of Spark Energy, Inc. Class A Common Stock, par value $0.01 per share, vesting on May 18, 2016 in an amount equal to the requisite withholding obligation.
- [F3]Vesting price is based on the closing price of common stock on May 18, 2016, pursuant to the Spark Energy, Inc. Long Term Incentive Plan.
- [F4]Each RSU represents a right to receive, upon vesting, one share of Class A Common Stock of Spark Energy, Inc., cash, or a combination of both. Each RSU includes tandem dividend equivalents which will vest upon the same schedule referenced in footnote 5.
- [F5]The RSUs will vest ratably over four years commencing May 18, 2017.