SEC Form 4 · accession 0001006655-15-000014
EVOLUTION PETROLEUM CORP · EPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Joe
Officer — VP, Chief Admin. Officer
Period of report
Mar 26, 2015
Accepted (ET)
Mar 30, 2015 · 10:05 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006655
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 26, 2015 | M | 50,000 | $1.80 | A | 303,545 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.80 | Mar 26, 2015 | M | 50,000 | D | — | Apr 4, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The stock option, originally granted on April 4, 2005, represents a right to purchase a total of 100,000 shares, became exercisable with respect to 1/8 of the total number of shares covered by the option when the employee completed six months of continuous employment from date of grant, and thereafter became exercisable with respect to 1/16 of the shares covered by the option upon completion of each three months of continuous employment thereafter.