4//SEC Filing
Garrett Jason K. 4
Accession 0001606268-19-000108
CIK 0001606268other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 3:13 PM ET
Size
8.8 KB
Accession
0001606268-19-000108
Insider Transaction Report
Form 4
Garrett Jason K.
Executive VP, Retail
Transactions
- Award
Restricted Stock Unit
2019-09-15$9.46/sh+1,906$18,031→ 101,399 total→ Class A Common Stock (1,906 underlying) - Award
Restricted Stock Unit
2019-09-15$9.46/sh+1,608$15,212→ 85,519 total→ Class A Common Stock (1,608 underlying)
Footnotes (6)
- [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 vest ratably over four years in May of each year starting in the year following the grant.
- [F4]The price is based on the closing price on Friday, August 30, 2019.
- [F5]Balance includes original grants of RSUs and dividend equivalents issued in additional RSUs.
- [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.
Documents
Issuer
Spark Energy, Inc.
CIK 0001606268
Entity typeother
Related Parties
1- filerCIK 0001649957
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 3:13 PM ET
- Size
- 8.8 KB