Maxwell W Keith III Form 4 Via Renewables / W Keith Maxwell III ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Maxwell W Keith III

(Last) (First) (Middle)

12140 WICKCHESTER LANE

SUITE 100

(Street)

HOUSTON TX 77079

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Via Renewables, Inc. [ VIA ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	05/18/2022		M		42,070(1)	A	$0.00(1)	3,597,072	D
Class A Common Stock	05/18/2022		F		12,100(2)	D	$8.21	3,584,972	D
Class A Common Stock	05/18/2022		M		123,916(1)	A	$0.00(1)	3,708,888	D
Class A Common Stock	05/18/2022		F		35,640(2)	D	$8.21	3,673,248	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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)	05/18/2022		M			42,070	(4)	(4)	Class A Common Stock	42,070	$0.00	126,209	D
Restricted Stock Unit	(3)	05/18/2022		A		123,916		(5)	(5)	Class A Common Stock	123,916	$0.00	123,916	D
Restricted Stock Unit	(3)	05/18/2022		M			123,916	(5)	(5)	Class A Common Stock	123,916	$0.00	0	D
Restricted Stock Unit	(3)	05/18/2022		A		123,915		(6)	(6)	Class A Common Stock	123,915	$0.00	123,915	D

Explanation of Responses:

1. 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 42,070 and 123,916 restricted stock units (the "Restricted Stock Units") on May 18, 2022.

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 Units.

4. These Restricted Stock Units vest ratably over four years in May of each year starting in the year following the grant.

5. These Restricted Stock Units vested simultaneously with grant on May 18, 2022.

6. These Restricted Stock Units vest in full on May 18, 2023.

Remarks:

	/s/ W. Keith Maxwell III, By Barbara Clay, attorney-in-fact	05/20/2022
	** 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).
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