0001606268-18-000114 4 1 20181113 20181115 20181115 Maxwell W Keith III 0001582187 4 34 001-36559 181188243 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 Retailco, LLC 0001664233 TX 1231 4 34 001-36559 181188244 12140 WICKCHESTER LANE, SUITE 100 HOUSTON TX 77079 832-200-3792 12140 WICKCHESTER LANE, SUITE 100 HOUSTON TX 77079 TxEx Energy Investments, LLC 0001664236 TX 1231 4 34 001-36559 181188245 12140 WICKCHESTER LANE, SUITE 100 HOUSTON TX 77079 832-200-3792 12140 WICKCHESTER LANE, 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_154232369006804.xml FORM 4 X0306 4 2018-11-13 0 0001606268 Spark Energy, Inc. SPKE 0001582187 Maxwell W Keith III 12140 WICKCHESTER LANE, SUITE 100 HOUSTON TX 77079 1 0 1 0 0001664233 Retailco, LLC 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 0 0 1 0 0001664236 TxEx Energy Investments, LLC 12140 WICKCHESTER LANE SUITE 100 HOUSTON TX 77079 0 0 1 0 Class A Common Stock 2018-11-13 4 P 0 7406 9.29 A 1328031 D Class A Common Stock 1328008 I See footnotes The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.09 to $9.46, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. Held directly by Retailco, LLC ("Retailco"). Retailco is a wholly-owned subsidiary of TxEx Energy Investments, LLC, which is wholly owned by W. Keith Maxwell. /s/ W. Keith Maxwell III, by Gil Melman, Attorney-in-fact 2018-11-15 /s/ Retailco, LLC, by Gil Melman, Attorney-in-fact 2018-11-15 /s/ TxEx Energy Investments, LLC, by Gil Melman, Attorney-in-fact 2018-11-15