0001606268-20-000066 4 1 20200615 20200617 20200617 Jones James G II 0001613778 4 34 001-36559 20968230 12140 WICKCHESTER LN SUITE 100 HOUSTON TX 77079 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_159240159561349.xml FORM 4 X0306 4 2020-06-15 0 0001606268 Spark Energy, Inc. SPKE 0001613778 Jones James G II 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 0 1 0 0 Chief Financial Officer Restricted Stock Unit 2020-06-15 4 A 0 365 8.04 A Class A Common Stock 365.0 16532 D Restricted Stock Unit 2020-06-15 4 A 0 857 8.04 A Class A Common Stock 857.0 38872 D 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. 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. These Restricted Stock Units vest ratably over the next three years on May 18, 2021, May 18, 2022 and May 18, 2023. The price is based on the closing price on Monday, June 1, 2020. Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units. These Restricted Stock Units vest ratably over four years beginning on May 18, 2021. /s/ James G. Jones II, by Dominique R. Colvard, Attorney-in-Fact 2020-06-17