SEC Form 4 · accession 0001144204-18-034119
EVOLUTION PETROLEUM CORP · EPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 11, 2018
Accepted (ET)
Jun 13, 2018 · 9:31 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 StockF1,F2,F3,F7,F4 | Jun 11, 2018 | S | 66,129 | $9.95 | D | 850,721 | I | See Footnotes |
| Common StockF1,F2,F3,F8,F4 | Jun 12, 2018 | S | 45,000 | $10.0452 | D | 805,721 | I | See Footnotes |
| Common StockF1,F2,F3,F9,F4 | Jun 13, 2018 | S | 20,000 | $10.0816 | D | 785,721 | I | See Footnotes |
| Common StockF1,F2,F5,F10,F6 | Jun 13, 2018 | S | 10,000 | $10.15 | D | 1,060,000 | 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 a managing member of Peninsula-JVL Capital Advisors, LLC, which is the general partner of Belridge Energy Advisors, LP, a Delaware limited partnership ("Belridge") and (ii) a managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP, a Delaware limited partnership ("Luxiver," and together with Belridge, 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 $10.1800 and the low price was $10.1300. 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 Belridge's sale of shares of common stock.
- F6Represents shares of common stock held by Belridge.
- F7Represents a weighted average sale price for the shares of common stock - the high price was $10.0000 and the low price was $9.9000. 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.
- F8Represents a weighted average sale price for the shares of common stock - the high price was $10.1500 and the low price was $10.0000. 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.
- F9Represents a weighted average sale price for the shares of common stock - the high price was $10.2000 and the low price was $9.9000. 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.