Spark Energy, Inc. (Form: 4, Received: 04/06/2016 18:24:30)

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	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 _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 12140 WICKCHESTER LANE, SUITE 100,	3. Date of Earliest Transaction (MM/DD/YYYY) 3/31/2016
(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) ___ Form filed by One Reporting Person _ X _ 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	3/31/2016		C		1725000 ⁽¹⁾	A	⁽²⁾	2296264	I	See footnote ⁽³⁾
Class A Common Stock	4/4/2016 ⁽⁴⁾ ⁽⁵⁾		S ⁽⁶⁾		1725000	D	$18 ⁽⁵⁾	571264	I	See footnote ⁽³⁾
Class A Common Stock								92850	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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock/Spark HoldCo Units	⁽²⁾	3/31/2016		C			1725000 ⁽¹⁾	⁽²⁾	⁽²⁾	Class A Common Stock	1725000.0 ⁽²⁾	⁽²⁾	8025000	I	See footnote ⁽⁷⁾

Explanation of Responses:
(1)	In connection with the underwritten offering described in footnote 5, Retailco, LLC ("Retailco") elected to convert 1,725,000 units of Spark Holdco, LLC (the "Spark Holdco Units"), together with a corresponding number of shares of Class B Common Stock, into 1,725,000 shares of Class A Common Stock.
(2)	Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement 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 rate of one share of Class A Common Stock for each Spark Holdco Unit (and corresponding share of Class B Common Stock).
(3)	Held directly by Retailco. Retailco is a wholly owned subsidiary of TxEx Investments, LLC ("TxEx"), which is wholly owned by W. Keith Maxwell III.
(4)	The transactions reported in footnote 5 below are reported as of the closing date of the offering rather than the trade date or the date that Retailco was notified of the exercise of the over-allotment option, which may be considered the transaction dates pursuant to Section 16 reporting principles, to simply the presentation of the transactions reported herein. The earliest date of the transactions reported herein may be considered March 30, 2016, the trade date, and March 31, 2016, the date on which the underwriters exercised their over-allotment option.
(5)	On March 30, 2016, the Issuer entered into an underwriting agreement by and among Retailco and FBR Capital Markets & Co., as representative of the several underwriters named therein, providing for the offer and sale by Retailco, and purchase by the underwriters, of 1,500,000 shares of Class A Common Stock, at a price to the public of $18.00 per share. On March 31, 2016, the underwriters notified Retailco of their election to exercise their over-allotment option in full, pursuant to the terms of the underwriting agreement, for 225,000 additional shares. The offering closed on April 4, 2016.
(6)	The sale of Class A Common Stock reported herein by Retailco may be matchable under Section 16(b) of the Securities and Exchange Act of 1934, as amended, with the purchase by W. Keith Maxwell III, the indirect owner of Retailco, of shares of Class A Common Stock which occurred in the past six months. Prior to this sale, W. Keith Maxwell III has agreed to pay the Issuer the full amount of the profit realized in connection with the short-swing transaction as soon as practicable after information is available for the highest sales price and lowest purchase price during the six month period in which this transaction occurs.
(7)	7,887,500 shares are held directly by Retailco and 137,500 shares are held directly by NuDevco Retail, LLC. NuDevco Retail, LLC is a wholly owned subsidiary of NuDevco Retail Holdings, LLC, which is a wholly owned subsidiary of Electric Holdco, LLC, which is a wholly owned subsidiary of TxEx, which is wholly owned by W. Keith Maxwell III.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Maxwell W Keith III 12140 WICKCHESTER LANE, SUITE 100 HOUSTON, TX 77079	X	X
Retailco, LLC 12140 WICKCHESTER LANE SUITE 100 HOUSTON, TX 77079		X
TxEx Energy Investments, LLC 12140 WICKCHESTER LANE SUITE 100 HOUSTON, TX 77079		X

Signatures
/s/ W. Keith Maxwell III, by Gil Melman, Attorney-in-fact		4/6/2016
^** Signature of Reporting Person		Date
/s/ Retailco, LLC, by Gil Melman, Attorney-in-fact		4/6/2016
^** Signature of Reporting Person		Date
/s/ TxEx Energy Investments, LLC, by Gil Melman, Attorney-in-fact		4/6/2016
^** Signature of Reporting Person		Date

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