Via Renewables, Inc. — Director's Dealing 2019

May 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2019-05-18

Reporting Person: Evans Nick W Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-18	Class A Common Stock	M	4242	—	Acquired	38935	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-18	Restricted Stock Unit	$	M	4242	Disposed		Class A Common Stock (4242.0)	Direct
2019-05-18	Restricted Stock Unit	$	D	2284	Disposed		Class A Common Stock (2284.0)	Direct

Footnotes

F1: The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represents shares issued as a result of vesting of 6,526 restricted stock units (the "Restricted Stock Units") on May 18, 2019. Of the 6,526 Restricted Stock Units, 4,242 Restricted Stock Units were settled in shares of Class A Common Stock and 2,284 Restricted Stock Units were cash settled based on the closing price on May 17, 2019.

F2: Each Restricted Stock Unit 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 Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Unit.

F3: Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.