Spark Energy, Inc.|4May 21, 8:13 PM ET

Garrett Jason K. 4

4 · Spark Energy, Inc. · Filed May 21, 2019

Form 4

Period: 2019-05-18

Executive VP, Retail

Transactions

Exercise/Conversion
Class A Common Stock
2019-05-18+21,171→ 47,318 total
Exercise/Conversion
Restricted Stock Unit
2019-05-18−21,171→ 0 total
From: 2019-05-18→ Class A Common Stock (21,171 underlying)
Exercise/Conversion
Restricted Stock Unit
2019-05-18−36,082→ 97,686 total
→ Class A Common Stock (36,082 underlying)
Award
Restricted Stock Unit
2019-05-18+40,000→ 82,387 total
→ Class A Common Stock (40,000 underlying)
Exercise/Conversion
Class A Common Stock
2019-05-18+36,082→ 83,400 total
Tax Payment
Class A Common Stock
2019-05-18$10.25/sh−22,540$231,035→ 60,860 total

Footnotes (6)

[F1]Payment of tax liability by delivery of Class A Common Stock (the "Common Stock") incident to vesting on May 18, 2019.
[F2]Vesting price is based on the closing price of Common Stock on May 17, 2019, pursuant to the Spark Energy, Inc. Amended and Restated Long Term Incentive Plan.
[F3]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, of Spark Energy, Inc., cash, or a combination of both. Each RSU includes tandem dividend equivalents which will vest upon the same schedule and pays out upon vesting and payout of the underlying award of RSUs to which the dividend equivalent payment relates.
[F4]These RSUs vest in full on May 18, 2019.
[F5]These RSUs vest ratably over 4 years in May of each year.
[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