0001606268-20-000052 4 1 20200518 20200520 20200520 Jones James G II 0001613778 4 34 001-36559 20898320 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_159000577823027.xml FORM 4 X0306 4 2020-05-18 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 Class A Common Stock 2020-05-18 4 M 0 15535 0 A 73664 D Class A Common Stock 2020-05-18 4 F 0 3774 6.77 D 69890 D Restricted Stock Unit 2020-05-18 4 M 0 15535 0 D Class A Common Stock 15535.0 16167 D Restricted Stock Unit 2020-05-18 4 A 0 38015 0 A Class A Common Stock 38015.0 38015 D The 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 15,535 restricted stock units (the "Restricted Stock Units") on May 18, 2020. Payment for tax liability through the withholding of shares of Class A Common Stock in an amount equal to the requisite withholding obligation. Each Restricted Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, 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 RSUs vest ratably over the next three years. Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units. These Restricted Stock Units vest ratably over the next four years beginning on May 18, 2021. /s/ James G. Jones II, by Dominique R. Colvard, Attorney-in-Fact 2020-05-20