Maxwell W Keith III's Form 4 filing
Via Renewables, Inc. · filed Jul 2, 2021
- Accession no.
- 0001606268-21-000058
- Filed
- Jul 2, 2021, 12:51 PM ET
- Trade date
- Jun 29-Jul 1, 2021
- Filing delay
- 3 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market purchases total $49.5K. It was filed 3 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Maxwell W Keith IIICIK 0001582187 | Director, Officer (CEO), 10% Owner |
| Retailco, LLCCIK 0001664233 | 10% Owner |
| TxEx Energy Investments, LLCCIK 0001664236 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 29, 2021 | Class A Common Stock | PPurchaseAcquired | +2,519 | $11.07F1 | +$27,888.1 | 2,671,102 | Direct | |
| Jun 30, 2021 | Class A Common Stock | PPurchaseAcquired | +1,900 | $11.36F2 | +$21,579.82 | 2,673,002 | Direct | |
| Jul 1, 2021 | Class A Common Stock | CConversionAcquired | +800,000 | $0.00F3 | $0 | 3,473,002 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2021 | Class A Common Stock | CConversionDisposed | −800,000 | $0.00 | $0 | 20,000,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.00 to $11.19, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.27 to $11.40, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F3
Subject to terms of the Third 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 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).
Referenced by the price of 1 transaction in Table I.