SEC Form 4 · accession 0001606268-18-000054
Spark Energy, Inc. · SPKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Lawrence Lane
Officer — Vice President and CFO
Period of report
May 18, 2018
Accepted (ET)
Jun 8, 2018 · 4:33 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 18, 2018 | M | 14,126 | $0.00 | A | 20,422 | D | |
| Class A Common StockF2,F3 | May 18, 2018 | F | 5,518 | $10.10 | D | 14,904 | 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 UnitF1 | — | May 18, 2018 | M | 14,126 | D | — | — | Class A Common Stock | 14,126 | 34,053 | D |
Explanation of responses
- F1The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock") reported represent shares issued as a result of vesting of 14,126 Restricted Stock Units ("RSU") on May 18, 2018.
- F2Payment for tax liability through the withholding of shares of Spark Energy, Inc. Class A Common Stock vesting on May 18, 2018 in an amount equal to the requisite withholding obligation.
- F3Vesting price is based on the closing price of Class A Common Stock on May 18, 2018, pursuant to the Spark Energy, Inc. Amended and Restated Long Term Incentive Plan.