4//SEC Filing
MCMINN KEVIN M 4
Accession 0001606268-20-000091
CIK 0001606268other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:34 PM ET
Size
6.8 KB
Accession
0001606268-20-000091
Insider Transaction Report
Form 4
MCMINN KEVIN M
Chief Operating Officer
Transactions
- Award
Restricted Stock Unit
2020-09-15$9.05/sh+616$5,575→ 31,292 total→ Class A Common Stock (616 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("Restricted Stock Unit") 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 Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Unit.
- [F2]These Restricted Stock Units accrued on outstanding Restricted Stock Units 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 Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.
- [F4]The price is based on the closing price on Tuesday, September 1, 2020.
- [F5]Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units. The balance also reflects a forfeiture and cancellation for no consideration of 45,717 Restricted Stock Units (consisting of a grant of 44,709 Restricted Stock Units on May 18, 2020 and 1,008 Restricted Stock Units that were issued on June 15, 2020 in respect of dividend equivalents on June 15, 2020) that were inadvertently allocated to the reporting person.
Documents
Issuer
Spark Energy, Inc.
CIK 0001606268
Entity typeother
Related Parties
1- filerCIK 0001807343
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:34 PM ET
- Size
- 6.8 KB