Spark Energy, Inc.|4Dec 18, 6:08 PM ET

Garrett Jason K. 4

4 · Spark Energy, Inc. · Filed Dec 18, 2018

Form 4

Period: 2018-12-14

Executive VP, Retail

Transactions

Award
Restricted Stock Unit
2018-12-14$9.09/sh+399$3,627→ 20,816 total
From: 2019-05-18→ Class A Common Stock (399 underlying)
Award
Restricted Stock Unit
2018-12-14$9.09/sh+1,811$16,462→ 92,116 total
→ Class A Common Stock (1,811 underlying)
Award
Restricted Stock Unit
2018-12-14$9.09/sh+814$7,399→ 41,647 total
→ Class A Common Stock (814 underlying)

Footnotes (6)

[F1]Each restricted stock unit ("RSU") represents a right to receive, upon vesting, one share of Class A Common Stock, par value $0.01 per share (the "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 as the underlying RSU.
[F2]These RSUs accrued on outstanding RSUs held by the reporting person as a result of a dividend equivalent payment made to the holder when the Company paid its most recent quarterly dividend on the Class A Common Stock.
[F3]These RSUs will vest in full on May 18, 2019.
[F4]Balance includes original grants of RSUs and dividend equivalents issued in additional RSUs.
[F5]These RSUs vest according to the following schedule: 36,546 on May 18, 2019; 25,565 on May 18, 2020; 19,797 on May 18, 2021; and 10,208 on May 18 2022.
[F6]These RSUs vest upon certain conditions in connection with a "Change in Control" of Spark Energy, Inc. as such term is defined in the Form of Notice of Grant of Restricted Stock Unit (Change in Control Restricted Stock Units), filed as Exhibit 10.5 to Spark Energy, Inc.'s Quarterly Report on Form 10-Q for quarter ended June 30, 2018.

Documents

1 file