Title: Spark Energy, Inc. (Form: 4, Received: 05/20/2021 17:08:51)
Subject: EDGAR Online Pro
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FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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| 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 Person ^*

Maxwell W Keith III

2. Issuer Name and Ticker or Trading Symbol

Spark Energy, Inc. [ SPKE ]

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO

(Last)         (First)         (Middle)

12140 WICKCHESTER LANE, SUITE 100

3. Date of Earliest Transaction (MM/DD/YYYY)

5/18/2021

(Street)

HOUSTON, TX 77079
(City)       (State)       (Zip)

4. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check 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
(Instr. 3)

2. Trans. Date

2A. Deemed Execution Date, if any

3. Trans. Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect Beneficial Ownership (Instr. 4)

| | | Code | V | Amount | (A) or (D) | Price | | |
Class A Common Stock | 5/18/2021 | | M | | 52521 ^(1) | A | $0 ^(1) | 2662521 | D |
Class A Common Stock | 5/18/2021 | | F | | 12980 ^(2) | D | $10.70 | 2649541 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Trans. Date

3A. Deemed Execution Date, if any

4. Trans. Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

6. Date Exercisable and Expiration Date

7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

| | | | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | | | |
Restricted Stock Unit | ^(3) | 5/18/2021 | | A | | 52521 | | ^(4) | ^(4) | Class A Common Stock | 52521.0 | $0 | 52521 | D |
Restricted Stock Unit | ^(3) | 5/18/2021 | | A | | 157563 | | ^(5) | ^(5) | Class A Common Stock | 157563.0 | $0 | 157563 | D |
Restricted Stock Unit | ^(3) | 5/18/2021 | | M | | | 52521 | ^(4) | ^(4) | Class A Common Stock | 52521.0 | $0 | 0 | D |

Explanation of Responses:
(1) | The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock), reported represents shares issued as a result of vesting 52,521 restricted stock units (the "Restricted Stock Units") on May 18, 2021.
(2) | Payment for tax liability through the withholding of shares of Class A Common Stock in an amount equal to the requisite withholding obligation.
(3) | 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.
(4) | These Restricted Stock Units vested simultaneously with grant on May 18, 2021.
(5) | These Restricted Stock Units vest ratably over four years beginning on May 21, 2022.

Reporting Owners
Reporting Owner Name / Address | Relationships
| Director | 10% Owner | Officer | Other

Maxwell W Keith III
12140 WICKCHESTER LANE, SUITE 100
HOUSTON, TX 77079

X

X

CEO

Signatures |
/s/ W. Keith Maxwell III, by Dominique R. Colvard, Attorney-in-Fact | | 5/20/2021
**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.