SEC Form 4 · accession 0001209191-16-092713
Spark Energy, Inc. · SPKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Retail Holdings,LLC NuDevco
10% Owner
Period of report
Jan 11, 2016
Accepted (ET)
Jan 20, 2016 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606268
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common Stock/Spark HoldCo UnitsF3,F1 | — | Jan 11, 2016 | J | 10,612,500 | D | — | — | Class A Common Stock | — | 137,500 | I |
Explanation of responses
- F1Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Spark HoldCo, LLC, the units of Spark HoldCo, LLC (the "Spark HoldCo Units"), together with a corresponding number of shares of Class B Common Stock (the "Class B Common Stock") of Spark Energy, Inc. (the "Issuer") may be exchanged, at any time and from time to time, for Class A Common Stock of the Issuer (or cash at the Issuer or Spark HoldCo's election) at an exchange ratio of one share of Class A Common Stock for each Spark HoldCo Unit (and corresponding share of Class B Common Stock).
- F2These securities were distributed to Electric Holdco, LLC pursuant to an internal reorganization. The reporting person is a wholly owned subsidiary of Electric Holdco, LLC.
- F3These securities are held by NuDevco Retail, LLC, the reporting person's wholly owned subsidiary. NuDevco Retail, LLC directly owns 137,500 Spark HoldCo Units and 137,500 shares of Class B Common Stock.