Via Renewables, Inc. — Director's Dealing 2017

Aug 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2017-08-09

Reporting Person: Kroeker Nathan (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-09	Series A Preferred Stock	P	1000	$26.41	Acquired	1000	Direct
2017-08-10	Series A Preferred Stock	P	1000	$26.3038	Acquired	2000	Direct
2017-08-11	Series A Preferred Stock	P	1775	$26.3008	Acquired	3775	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	56266	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Class A Common Stock (157750.0)	157750	Direct

Footnotes

F1: The full name of the Series A Preferred Stock is "8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock."

F2: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.38 to $26.44, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F3: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.18 to $26.44, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F4: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.17 to $26.40, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F5: This amount reflects the effect of a two-for-one stock split of the Company's Common Stock for all shares of record on June 5, 2017, and reports the corrected number of 28,133 pre-split shares of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") based on a correction of a calculation error reported on Form 4/A filed on August 8, 2017 for the reporting person.

F6: Each Restricted Stock Unit ("RSU") 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 RSU includes tandem dividend equivalents which will vest upon the same schedule and pays out upon vesting and payout of the underlying award of RSUs to which the dividend equivalent payment relates.

F7: This amount reflects the effect of a two-for-one stock split of the Company's RSUs and underlying Class A Common Stock for all shares of record on June 5, 2017, and reports the corrected number of 78,875 pre-split RSUs based on a correction of a calculation error reported on Form 4/A filed on August 8, 2017 for the reporting person.