SEC Form 4 · accession 0001006655-16-000098
EVOLUTION PETROLEUM CORP · EPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Joe
Officer — SVP & CFO
Period of report
Apr 21, 2016
Accepted (ET)
Apr 25, 2016 · 4:51 pm 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 | Apr 21, 2016 | M | 30,000 | $2.55 | A | 331,729 | D | |
| Common StockF1 | Apr 21, 2016 | F | 13,833 | $5.53 | D | 317,896 | 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)F2 | $2.55 | Apr 21, 2016 | M | 30,000 | A | — | May 5, 2016 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Transfer of shares to pay exercise price.
- F2The stock option, originally granted on May 5, 2006, represents a right to purchase 30,000 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 the date of grant, and thereafter with respect to 1/16 of the shares covered by the option upon completion of each three months of continuous employment thereafter.