4//SEC Filing
Melman Gil 4
Accession 0001606268-19-000001
CIK 0001606268other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:30 PM ET
Size
11.3 KB
Accession
0001606268-19-000001
Insider Transaction Report
Form 4
Melman Gil
See Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2019-01-01+103,930→ 105,030 total - Exercise/Conversion
Restricted Stock Unit
2019-01-01−83,114→ 0 total→ Class A Common Stock (83,114 underlying) - Tax Payment
Class A Common Stock
2019-01-01$7.43/sh−40,896$303,857→ 64,134 total - Exercise/Conversion
Restricted Stock Unit
2019-01-01−20,816→ 0 total→ Class A Common Stock (20,816 underlying)
Footnotes (6)
- [F1]Issued as a result of accelerated vesting of 103,930 Restricted Stock Units ("RSUs") pursuant to the terms of that certain Transition and Resignation Agreement and Mutual Release of Claims, by and between the Reporting Person and the Issuer (the "Transition Agreement").
- [F2]RSUs convert into Class A Common Stock, par value $0.01 per share (the "Class A Common Stock") on a one-to-one basis, cash, or a combination of both.
- [F3]Payment for tax liability through the withholding of shares of Class A Common Stock.
- [F4]Price is based on the closing price of Class A Common Stock on December 31, 2018, pursuant to the Spark Energy, Inc. Amended and Restated-Long Term Incentive Plan.
- [F5]These RSUs were scheduled to vest ratably over 4 years in May of each year following the grant. The vesting of these RSUs was accelerated pursuant to the Transition Agreement described in Footnote 1 above.
- [F6]These RSUs were scheduled to vest in full on May 18, 2019. The vesting of these RSUs was accelerated pursuant to the Transition Agreement described in Footnote 1 above.
Documents
Issuer
Spark Energy, Inc.
CIK 0001606268
Entity typeother
Related Parties
1- filerCIK 0001613697
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:30 PM ET
- Size
- 11.3 KB