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Via Renewables, Inc. — Director's Dealing 2016
Feb 4, 2016
35617_dirs_2016-02-04_8bc9c000-46bc-4733-8188-d783b5c12171.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2016-02-03
Reporting Person: Maxwell W Keith III (Director, 10% Owner)
Reporting Person: TxEx Energy Investments, LLC (10% Owner)
Reporting Person: Retailco, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-03 | Class A Common Stock | C | 1000000 | — | Acquired | 1000000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-03 | Class B Common Stock/Spark HoldCo Units | $ | C | 1000000 | Disposed | Class A Common Stock () | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 92850 | Direct |
Footnotes
F1: Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Spark HoldCo, LLC, the units of Spark HoldCo, LLC (the "Spark HoldCo Units"), together with a corresponding number of shares of Class B Common Stock of Spark Energy, Inc. ("the Issuer") may be exchanged, at any time and from time to time, for Class A Common Stock of the Issuer (or cash at the Issuer or Spark HoldCo's election) at an exchange ration of one share of Class A Common Stock for each Spark HoldCo Unit (and corresponding share of Class B Common Stock).
F2: Held directly by Retailco, LLC ("Retailco"). Retailco is a wholly owned subsidiary of TxEx Energy Investments, LLC ("TxEx"), which is wholly owned by W. Keith Maxwell III.
F3: On February 3, 2016, Retailco, LLC elected to convert 1,000,000 Spark HoldCo Units, together with a corresponding number of shares of Class B Common Stock, into 1,000,000 shares of Class A Common Stock.
F4: 9,612,500 shares are held directly by Retailco, LLC (see footnote 2 above) and 137,500 shares are held directly by NuDevco Retail, LLC. NuDevco Retail, LLC is a wholly owned subsidiary of NuDevco Retail Holdings, LLC, which is a wholly owned subsidiary of Electric Holdco, LLC, which is a wholly owned subsidiary of TxEx, which is wholly owned by W. Keith Maxwell III.