SEC Form 4 · accession 0001144204-18-018545

EVOLUTION PETROLEUM CORP · EPM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

John Lovoi

10% Owner

JVL Advisors, L.L.C.

10% Owner

Period of report

Mar 23, 2018

Accepted (ET)

Apr 2, 2018 · 2:39 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^{F1,F2,F13,F14}	Mar 23, 2018	S	2,408	$8.20	D	752,460	I	See Footnotes
Common Stock^F1,F2,F3,F4	Mar 27, 2018	S	736	$8.20	D	1,253,099	I	See Footnotes
Common Stock^F1,F2,F5,F6	Mar 27, 2018	S	404	$8.20	D	806,636	I	See Footnotes
Common Stock^F1,F2,F7,F8	Mar 27, 2018	S	143	$8.20	D	134,159	I	See Footnotes
Common Stock^F1,F2,F9,F10	Mar 27, 2018	S	66	$8.20	D	189,487	I	See Footnotes
Common Stock^{F1,F2,F11,F12}	Mar 27, 2018	S	95	$8.20	D	158,897	I	See Footnotes
Common Stock^F1,F2,F3,F4	Mar 28, 2018	S	564	$8.15	D	1,252,535	I	See Footnotes
Common Stock^F1,F2,F5,F6	Mar 28, 2018	S	310	$8.15	D	806,326	I	See Footnotes
Common Stock^F1,F2,F7,F8	Mar 28, 2018	S	109	$8.15	D	134,050	I	See Footnotes
Common Stock^F1,F2,F9,F10	Mar 28, 2018	S	50	$8.15	D	189,437	I	See Footnotes
Common Stock^{F1,F2,F11,F12}	Mar 28, 2018	S	73	$8.15	D	158,824	I	See Footnotes
Common Stock^{F1,F2,F3,F15,F4}	Mar 29, 2018	S	3,550	$8.1009	D	1,248,985	I	See Footnotes
Common Stock^{F1,F2,F5,F15,F6}	Mar 29, 2018	S	1,949	$8.1009	D	804,377	I	See Footnotes
Common Stock^{F1,F2,F7,F15,F8}	Mar 29, 2018	S	689	$8.1009	D	133,361	I	See Footnotes
Common Stock^{F1,F2,F9,F15,F10}	Mar 29, 2018	S	313	$8.1009	D	189,124	I	See Footnotes
Common Stock^{F1,F2,F11,F15,F12}	Mar 29, 2018	S	460	$8.1009	D	158,364	I	See Footnotes

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1John V. Lovoi ("Lovoi") is (i) the sole member and manager of JVL Advisors, LLC ("JVL Advisors"), which is the ultimate controlling entity of Navitas Fund LP, a Texas limited partnership ("Navitas"), Asklepios Energy Fund, LP, a Texas limited partnership ("Asklepios"), Hephaestus Energy Fund, LP, a Delaware limited partnership ("Hephaestus"), Children's Energy Fund, LP, a Delaware limited partnership ("Children's Fund"), and Panakeia Energy Fund, LP, a Delaware limited partnership ("Panakeia"), and (ii) managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP, a Delaware limited partnership ("Luxiver", and collectively with Navitas, Asklepios, Hephaestus, Children's Fund, and Panakeia, the "Partnerships"). JVL Advisors is party to an investment management agreement with Luxiver that gives JVL Advisors voting and dispositive power over the securities owned by Luxiver; thus, JVL Advisors may be deemed an ultimate controlling entity of Luxiver.
F10Represents shares of common stock held by Asklepios.
F11Represents Panakeia's sale of shares of common stock.
F12Represents shares of common stock held by Panakeia.
F13Represents Navitas' sale of shares of common stock.
F14Represents shares of common stock held by Navitas.
F15Represents an average sale price for the shares of common stock - the high price was $8.15 and the low price was $8.10.
F2Because of their control over, and investment management relationship with, the Partnerships, JVL Advisors and Lovoi may be deemed to have voting and dispositive power over the securities owned by the Partnerships; thus, each may also be deemed to be the beneficial owner of these securities. JVL Advisors and Lovoi disclaim any beneficial ownership of the reported securities beneficially owned by the Partnerships in excess of their respective pecuniary interest in such securities.
F3Represents Luxiver's sale of shares of common stock.
F4Represents shares of common stock held by Luxiver.
F5Represents Hephaestus' sale of shares of common stock.
F6Represents shares of common stock held by Hephaestus.
F7Represents Children's Fund's sale of shares of common stock.
F8Represents shares of common stock held by Children's Fund.
F9Represents Asklepios' sale of shares of common stock.