SEC Form 4 · accession 0001606268-16-000270
Spark Energy, Inc. · SPKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Eads
Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 3:11 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 StockF1 | May 25, 2016 | M | 5,000 | $0.00 | A | 14,777 | 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,F2,F1 | — | May 25, 2016 | M | 8,620 | D | — | — | Class A Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The shares of Common Stock were acquired by the reporting person as a result of accelerated vesting on May 25, 2016 of 5,000 Restricted Stock Units upon the reporting person's termination of service on the Company's Board of Directors.
- F2Restricted Stock Units convert into Class A Common Stock on a one-to-one basis.
- F3Represents 5,000 Restricted Stock Units which vested on May 25, 2016 on an accelerated basis and 3,620 Restricted Stock Units granted on May 18, 2016 which were forfeited upon the reporting person's termination of service on the Company's Board of Directors.