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: Bush Amanda (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-18	Class A Common Stock	M	8791	—	Acquired	14075	Direct
2021-05-18	Class A Common Stock	D	8791	$10.70	Disposed	5284	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-18	Restricted Stock Unit	$	M	8791	Disposed		Class A Common Stock (8791.0)	Direct
2021-05-18	Restricted Stock Unit	$	A	7829	Acquired		Class A Common Stock (7829.0)	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 8,791 restricted stock units (the "Restricted Stock Units") on May 18, 2021. The 8,791 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: On May 18, 2020, the reporting person received a grant of 8,126 Restricted Stock Units and tandem dividend equivalent rights that vested in full on May 18, 2021.

F4: These Restricted Stock Units vest one year from the grant date on May 18, 2022.