4//SEC Filing
Clay Barbara 4
Accession 0001606268-21-000045
CIK 0001606268other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:04 PM ET
Size
8.9 KB
Accession
0001606268-21-000045
Insider Transaction Report
Form 4
Clay Barbara
Acting General Counsel and Sec
Transactions
- Exercise/Conversion
Class A Common Stock
2021-05-18+14,261→ 14,261 total - Disposition to Issuer
Class A Common Stock
2021-05-18$10.70/sh−7,987$85,461→ 6,274 total - Exercise/Conversion
Restricted Stock Unit
2021-05-18−14,261→ 14,261 total→ Class A Common Stock (14,261 underlying)
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 14,261 restricted stock units (the "Restricted Stock Units") on May 18, 2021. Of the 14,261 Restricted Stock Units, 7,987 Restricted Stock Units were settled in shares of Class A Common Stock and 6,274 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, 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 Units.
- [F3]The Restricted Stock Units were scheduled to vest 50% on May 18, 2021 and 50% on May 18, 2022.
Documents
Issuer
Spark Energy, Inc.
CIK 0001606268
Entity typeother
Related Parties
1- filerCIK 0001824354
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 5:04 PM ET
- Size
- 8.9 KB