SEC Form 4/A · accession 0001144204-18-032127

EVOLUTION PETROLEUM CORP · EPM

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

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owners

John Lovoi

10% Owner

JVL Advisors, L.L.C.

10% Owner

Period of report

May 18, 2018

Accepted (ET)

May 31, 2018 · 9:19 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,F3,F10,F4}	May 18, 2018	S	22,135	$9.3195	D	1,226,850	I	See Footnotes
Common Stock^{F1,F2,F3,F11,F4}	May 21, 2018	S	50,000	$9.4875	D	1,176,850	I	See Footnotes
Common Stock^{F1,F2,F3,F12,F4}	May 22, 2018	S	25,000	$9.524	D	1,151,850	I	See Footnotes
Common Stock^F1,F2,F5	holding	—	—		—	804,377	I	See Footnotes
Common Stock^F1,F2,F6	holding	—	—		—	133,361	I	See Footnotes
Common Stock^F1,F2,F7	holding	—	—		—	189,124	I	See Footnotes
Common Stock^F1,F2,F8	holding	—	—		—	158,364	I	See Footnotes
Common Stock^F1,F2,F5	holding	—	—		—	804,377	I	See Footnotes
Common Stock^F1,F2,F6	holding	—	—		—	133,361	I	See Footnotes
Common Stock^F1,F2,F9	holding	—	—		—	83,603	I	See Footnotes
Common Stock^F1,F2,F7	holding	—	—		—	189,124	I	See Footnotes
Common Stock^F1,F2,F8	holding	—	—		—	158,364	I	See Footnotes
Common Stock^F1,F2,F5	holding	—	—		—	804,377	I	See Footnotes
Common Stock^F1,F2,F6	holding	—	—		—	133,361	I	See Footnotes
Common Stock^F1,F2,F9	holding	—	—		—	83,603	I	See Footnotes
Common Stock^F1,F2,F7	holding	—	—		—	189,124	I	See Footnotes
Common Stock^F1,F2,F8	holding	—	—		—	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 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"), LVPU, LP, a Delaware limited partnership ("LVPU"), 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 Asklepios, Hephaestus, Children's Fund, LVPU, 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 a weighted average sale price for the shares of common stock - the high price was $9.35 and the low price was $9.30. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11Represents a weighted average sale price for the shares of common stock - the high price was $9.75 and the low price was $9.20. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12Represents a weighted average sale price for the shares of common stock - the high price was $9.80 and the low price was $9.30. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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 shares of common stock held by Hephaestus.
F6Represents shares of common stock held by Children's Fund.
F7Represents shares of common stock held by Asklepios.
F8Represents shares of common stock held by Panakeia.
F9Represents shares of common stock held by LVPU.

Remarks

This amendment is being filed to correct a scrivener's error with regards to the number of shares of common stock owned by the reporting persons as reported on the original Form 4 filed on May 22, 2018. The original Form 4 incorrectly recorded the number of shares of common stock being sold as allocated among the Partnerships, when it was only sold by Luxiver. The number of shares of common stock sold by the reporting persons other than Luxiver have been removed and all such shares have been reallocated to Luxiver. The total number of shares of common stock sold has not changed. Further, no other changes have been made to the original Form 4.