SEC Form 4 · accession 0001006655-17-000014
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
May 25, 2017
Accepted (ET)
May 26, 2017 · 4:08 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 | May 25, 2017 | M | 35,231 | $2.19 | A | 376,282 | D | |
| Common StockF1 | May 25, 2017 | F | 10,220 | $7.55 | D | 366,062 | 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 | $2.19 | May 25, 2017 | M | — | D | — | Sep 7, 2017 | Employee Stock Option (right to buy) | 35,231 | 0 | D |
Explanation of responses
- F1Transfer of shares to pay exercise price.
- F2The stock option, originally granted on September 7, 2007, represents a right to purchase 50,000 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. On March 5, 2014, a portion of this stock option was exercised, leaving 35,231 options unexercised.