0001606268-21-000019 4 1 20210315 20210317 20210317 Clay Barbara 0001824354 4 34 001-36559 21749413 C/O GOOD COUNSEL SERVICES, LLC 111 FARMS ROAD STAMFORD CT 06903 Spark Energy, Inc. 0001606268 4931 465453215 DE 1231 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 (713) 600-2600 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 4 1 wf-form4_161599373197840.xml FORM 4 FORM 4 OMB APPROVAL [ ] Check this OMB Number: box if no longer UNITED STATES SECURITIES AND EXCHANGE COMMISSION 3235-0287 subject to Washington, D.C. 20549 Estimated Section 16. Form STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF average burden 4 or Form 5 SECURITIES hours per obligations may response... 0.5 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting 2. Issuer Name and Ticker 5. Relationship of Person * or Trading Symbol Reporting Person(s) to Clay Barbara Spark Energy, Inc. [ SPKE Issuer (Check all ] applicable) _____ Director _____ 10% Owner __X__ Officer (give title (Last) (First) (Middle) 3. Date of Earliest below) _____ Other C/O GOOD COUNSEL SERVICES, Transaction (MM/DD/YYYY) (specify below) LLC, 111 FARMS ROAD 3/15/2021 Acting General Counsel and Sec (Street) 4. If Amendment, Date 6. Individual or STAMFORD, CT 06903 Original Filed Joint/Group Filing (Check (City) (State) (Zip) (MM/DD/YYYY) Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security 2. 2A. 3. Trans. 4. Securities 5. Amount of 6. Ownership 7. Nature of (Instr. 3) Trans. Deemed Code Acquired (A) or Securities Form: Direct Indirect Date Execution (Instr. 8) Disposed of (D) Beneficially (D) or Beneficial Date, if (Instr. 3, 4 and Owned Indirect (I) Ownership any 5) Following (Instr. 4) (Instr. 4) Reported Transaction(s) (Instr. 3 and 4) (A) or Code V Amount (D) Price Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. 3. Trans. Date 3A. 4. Trans. 5. Number of Derivative 6. Date Exercisable 7. Title and Amount of 8. Price of 9. Number of 10. 11. Nature Derivate Security Conversion Deemed Code Securities Acquired (A) or and Expiration Date Securities Underlying Derivative derivative Ownership of (Instr. 3) or Execution (Instr. 8) Disposed of (D) Derivative Security Security Securities Form of Indirect Exercise Date, if (Instr. 3, 4 and 5) (Instr. 3 and 4) (Instr. 5) Beneficially Derivative Beneficial Price of any Owned Security: Ownership Derivative Following Direct (D) (Instr. 4) Security Reported or Transaction(s) Indirect Date Expiration Amount or (Instr. 4) (I) Exercisable Date Title Number of (Instr. 4) Code V (A) (D) Shares Restricted Stock Class A Unit (1) 3/15/2021 A 488 (2) (3) (3) Common 488.0 $10.40 (4) 28522 (5) D Stock Explanation of Responses: (1) Each restricted stock unit ("Restricted Stock Unit") 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 Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Unit. (2) These Restricted Stock Units accrued on outstanding Restricted Stock Units held by the reporting person as a result of a dividend equivalent payment made to the holder when the Company paid its most recent quarterly dividend on the Class A Common Stock. (3) These Restricted Stock Units vest 50% on May 18, 2021 and 50% on May 18, 2022. (4) The price is based on the closing price on Monday, March 1, 2021. (5) Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Clay Barbara C/O GOOD COUNSEL SERVICES, LLC Acting General Counsel and 111 FARMS ROAD Sec STAMFORD, CT 06903 Signatures Barbara Clay, by Dominique Colvard, Attorney-in-Fact 3/17/2021 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.