SEC Form 4 · accession 0001606268-16-000244
Spark Energy, Inc. · SPKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Georganne Hodges
Officer — Vice President & CFO
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606268
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 4, 2016 | M | 5,139 | $0.00 | A | 5,139 | D | |
| Class A Common StockF1,F2 | May 4, 2016 | F | 1,941 | $25.87 | D | 3,198 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3 | — | May 4, 2016 | M | 5,139 | D | — | — | Class A Common Stock | 5,139 | 26,972 | D |
Explanation of responses
- F1Payment for tax liability by delivery of Class A Common Stock incident to the vesting on May 4, 2016.
- F2Vesting price is based on the closing price of common stock on May 4, 2016, pursuant to the Spark Energy, Inc. Long Term Incentive Plan.
- F3Each 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 and pays out upon vesting and payout of the underlying award of RSUs to which the dividend equivalent payment relates.