Via Renewables, Inc. — Director's Dealing 2019

Mar 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2019-03-15

Reporting Person: Garrett Jason K. (Executive VP, Retail)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-15	Restricted Stock Unit	$	A	355	Acquired		Class A Common Stock (355.0)	Direct
2019-03-15	Restricted Stock Unit	$	A	1652	Acquired		Class A Common Stock (1652.0)	Direct
2019-03-15	Restricted Stock Unit	$	A	740	Acquired		Class A Common Stock (740.0)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a right to receive, upon vesting, one share of Class A Common Stock, par value $0.01 per share (the "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 as the underlying RSU.

F2: These RSUs accrued on outstanding RSUs held by the reporting person as a result of a dividend equivalent payment made to the holder when the Company paid its most recent quarterly dividend on the Class A Common Stock.

F3: These RSUs will vest in full on May 18, 2019.

F4: Balance includes original grants of RSUs and dividend equivalents issued in additional RSUs.

F5: These RSUs vest according to the following schedule: 37,191 on May 18, 2019; 26,028 on May 18, 2020; 20,156 on May 18, 2021; and 10,393 on May 18, 2022.

F6: These RSUs vest upon certain conditions in connection with a "Change in Control" of Spark Energy, Inc. as such term is defined in the Form of Notice of Grant of Restricted Stock Unit (Change in Control Restricted Stock Units), filed as Exhibit 10.5 to Spark Energy, Inc.'s Quarterly Report on Form 10-Q for quarter ended June 30, 2018.