Via Renewables, Inc. — Director's Dealing 2017

Jul 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2017-07-18

Reporting Person: Maxwell W Keith III (Director, 10% Owner)
Reporting Person: Retailco, LLC (10% Owner)
Reporting Person: TxEx Energy Investments, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-18	Class A Common Stock	S	6800	$21.014	Disposed	689380	Direct
2017-07-19	Class A Common Stock	S	47300	$21.2529	Disposed	642080	Direct
2017-07-20	Class A Common Stock	S	2300	$21.3935	Disposed	639780	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	794000	Indirect

Footnotes

F1: The sale reported in this Form 4 was affected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on June 5, 2017.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.10, 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 sold in multiple transactions at prices ranging from $21.20 to $21.35, 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 sold in multiple transactions at prices ranging from $21.35 to $21.40, 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: Held directly by Retailco, LLC ("Retailco)". Retailco is a wholly owned subsidiary of TxEx Energy Investments, LLC, which is wholly owned by W. Keith Maxwell.