Garrett Jason K. 4
4 · Spark Energy, Inc. · Filed Mar 27, 2019
Insider Transaction Report
Form 4
Garrett Jason K.
Executive VP, Retail
Transactions
- Award
Restricted Stock Unit
2019-03-25+40,000→ 133,768 total→ Class A Common Stock (40,000 underlying)
Footnotes (4)
- [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 vest ratably over four years in May of each year following the grant year.
- [F3]These RSUs vest according to the following schedule: 37,191 on May 18, 2019; 36,028 on May 18, 2020; 30,156 on May 18, 2021; 20,393 on May 18, 2022 and 10,000 on May 18, 2023.
- [F4]Balance includes original grants of RSUs and dividend equivalents issued in additional RSUs.