SEC Form 4 · accession 0001606268-15-000117
Spark Energy, Inc. · SPKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason K. Garrett
Officer — Executive Vice President
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 2:45 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Aug 3, 2015 | A | 25,000 | A | — | — | Class A Common Stock | — | 25,000 | D |
Explanation of responses
- F1Each 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 referenced in Footnote 2.
- F2The RSU's will vest as follows: 13,750 RSUs will vest on May 18, 2016; and 3,750 RSUs will vest on each of May 18, 2017, May 18, 2018 and May 18, 2019.
Remarks
Mr. Garrett is the Executive Vice President, Retail of Spark Energy, Inc.