Via Renewables, Inc. — Director's Dealing 2021

May 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spark Energy, Inc. (SPKE)
CIK: 0001606268
Period of Report: 2021-05-18

Reporting Person: Clay Barbara (Acting General Counsel and Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-18	Class A Common Stock	M	14261	—	Acquired	14261	Direct
2021-05-18	Class A Common Stock	D	7987	$10.70	Disposed	6274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-18	Restricted Stock Unit	$	M	14261	Disposed		Class A Common Stock (14261.0)	Direct

Footnotes

F1: The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represent shares issued as a result of vesting of 14,261 restricted stock units (the "Restricted Stock Units") on May 18, 2021. Of the 14,261 Restricted Stock Units, 7,987 Restricted Stock Units were settled in shares of Class A Common Stock and 6,274 Restricted Stock Units were cash settled based on the closing price on the date of vesting.

F2: Each Restricted Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, 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 Units.

F3: The Restricted Stock Units were scheduled to vest 50% on May 18, 2021 and 50% on May 18, 2022.