SEC Form 4 · accession 0001104659-15-046234
Jones Energy, Inc. · JONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike McConnell
Officer — President · Director
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 6:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001573166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B common stockF2 | Jun 16, 2015 | J | 96,203 | $0.00 | D | 1,226,094 | I | See footnote |
| Class A common stockF2 | Jun 16, 2015 | J | 96,203 | $0.00 | A | 177,810 | I | See footnote |
| Class A common stockF3,F2 | Jun 16, 2015 | S | 83,000 | $9.57 | D | 94,810 | I | See footnote |
| Class A common stockF4,F2 | Jun 17, 2015 | S | 9,803 | $9.54 | D | 85,007 | I | See footnote |
| Class A common stockF5,F2 | Jun 18, 2015 | S | 3,400 | $9.13 | D | 81,607 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units of Jones Energy Holdings, LLCF1,F2 | — | Jun 16, 2015 | J | 96,203 | D | — | — | Class A common stock | 96,203 | 1,226,094 | I |
Explanation of responses
- F1The shares of Class B common stock of the Issuer (the "Class B Shares") and an equivalent number of membership interests in Jones Energy Holdings, LLC (the "JEH LLC Units") reported herein were exchanged by Mike S. McConnell (the "Electing Employee") for the shares of Class A common stock of the Issuer (the "Class A Shares") reported as acquired herein. This exchange (the "Exchange") was made pursuant to and in accordance with the Exchange Agreement dated July 29, 2013, included as Exhibit 10.3 to the Issuer's Current Report on Form 8-K filed July 30, 2013.
- F2The Class A Shares, Class B Shares and JEH LLC Units reported herein are or were beneficially owned by the Reporting Person solely as a result of his status as President of McConnell Interests, LLC, the general partner of McConnell Partnership, Ltd., which is the entity that directly beneficially owns such interests. The Reporting Person disclaims beneficial ownership of the Class A Shares, Class B Shares and JEH LLC Units reported herein except to the extent of his pecuniary interest therein.
- F3The price reported in Column 4 is a weighted average price. These Class A Shares were sold in multiple transactions at prices ranging from $9.47 to $9.90. The Reporting Person undertakes to provide Jones Energy, Inc., any security holder of Jones Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares purchased at each separate price within the range set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These Class A Shares were sold in multiple transactions at prices ranging from $9.50 to $9.57. The Reporting Person undertakes to provide Jones Energy, Inc., any security holder of Jones Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares purchased at each separate price within the range set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These Class A Shares were sold in multiple transactions at prices ranging from $9.11 to $9.17. The Reporting Person undertakes to provide Jones Energy, Inc., any security holder of Jones Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares purchased at each separate price within the range set forth in this footnote.