Evans Nick W Jr 4
4 · Spark Energy, Inc. · Filed May 20, 2020
Insider Transaction Report
Form 4
Evans Nick W Jr
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2020-05-18+9,472→ 48,407 total - Disposition to Issuer
Class A Common Stock
2020-05-18$6.77/sh−9,472$64,125→ 38,935 total - Exercise/Conversion
Restricted Stock Unit
2020-05-18−9,472→ 0 total→ Class A Common Stock (9,472 underlying)
Holdings
- 2,684(indirect: By Spouse)
Class A Common Stock
Footnotes (3)
- [F1]The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represent shares issued as a result of vesting of 9,472 restricted stock units (the "Restricted Stock Units") on May 18, 2020. The 9,472 Restricted Stock Units were cash settled based on the closing price on the date of vesting.
- [F2]Each Restricted Stock Unit 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 Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Unit.
- [F3]On March 25, 2019, the reporting person received a grant of 8,800 Restricted Stock Units and tandem dividend equivalent rights that vested in full on March 18, 2020.