SEC Form 4 · accession 0001144204-18-037043
EVOLUTION PETROLEUM CORP · EPM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 28, 2018
Accepted (ET)
Jul 2, 2018 · 8:09 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 28, 2018 | S | 29,336 | $10.1158 | D | 653,124 | I | See Footnotes |
| Common StockF1,F2,F5,F7,F6 | Jun 28, 2018 | S | 11,882 | $10.1158 | D | 409,708 | I | See Footnotes |
| Common StockF1,F2,F3,F8,F4 | Jun 29, 2018 | S | 103,488 | $9.894 | D | 549,636 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1John V. Lovoi ("Lovoi") is (i) a managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP, a Delaware limited partnership ("Luxiver") and (ii) 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", and together with Luxiver, 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.
- 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 Navitas' sale of shares of common stock.
- F4Represents shares of common stock held by Navitas.
- F5Represents Luxiver's sale of shares of common stock.
- F6Represents shares of common stock held by Luxiver.
- F7Represents a weighted average sale price for the shares of common stock - the high price was $10.3000 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.
- F8Represents a weighted average sale price for the shares of common stock - the high price was $10.1000 and the low price was $9.8000. 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.