Evans Nick W Jr 4
4 · Spark Energy, Inc. · Filed Sep 17, 2019
Insider Transaction Report
Form 4
Evans Nick W Jr
Director
Transactions
- Award
Restricted Stock Unit
2019-09-15$9.46/sh+172$1,627→ 9,135 total→ Class A Common Stock (172 underlying)
Footnotes (5)
- [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, 2020.
- [F4]The price is based on the closing price on Friday, August 30, 2019.
- [F5]Balance includes original grants of RSUs and dividend equivalents issued in additional RSUs.