Via Renewables, Inc. — Director's Dealing 2014

Nov 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2014-11-21

Reporting Person: Maxwell W Keith III (Director, 10% Owner)
Reporting Person: NuDevco Partners, LLC (10% Owner)
Reporting Person: NuDevco Partners Holdings, LLC (10% Owner)
Reporting Person: NuDevco Retail Holdings,LLC (10% Owner)
Reporting Person: NuDevco Retail, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-21	Class A Common Stock	P	284	$15.70	Acquired	3284	Direct
2015-11-25	Class A Common Stock	P	1000	$14.15	Acquired	4284	Direct
2014-11-25	Class A Common Stock	P	716	$14.3285	Acquired	5000	Direct

Footnotes

F1: This Form 4 is filed jointly by W. Keith Maxwell III, NuDevco Partners, LLC ("NuDevco Partners"), NuDevco Partners Holdings, LLC ("NuDevco Holdings"), NuDevco Retail, LLC ("NuDevco Retail") and NuDevco Retail Holdings, LLC ("NuDevco Retail Holdings"). Mr. Maxwell is the sole member of NuDevco Partners. NuDevco Partners is the sole member of NuDevco Holdings. NuDevco Holdings is the sole member of NuDevco Retail Holdings. NuDevco Retail Holdings is the sole member of NuDevco Retail. (Continued in footnote 2).

F2: Accordingly, NuDevco Partners, NuDevco Holdings, NuDevco Retail Holdings and NuDevco Retail are direct and indirect wholly owned subsidiaries of Mr. Maxwell, and Mr. Maxwell, NuDevco Partners, NuDevco Holdings, NuDevco Retail Holdings and NuDevco Retail may be deemed to indirectly own the securities of the Issuer directly held by one or more of such other reporting persons, but each disclaims beneficial ownership except to the extent of his or its pecuniary interest therein.

F3: Mr. Maxwell purchased the securities reported above directly.