SEC Form 4 · accession 0001104659-18-008058
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
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 4:23 pm EST
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 A common stockF1,F3 | Feb 7, 2018 | A | 38,040 | $0.00 | A | 386,862 | D | |
| Class A common stockF2,F3 | Feb 7, 2018 | F | 13,182 | $1.25 | D | 373,680 | D | |
| Class A common stockF4 | holding | — | — | — | 633,001 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted Performance Share Units ("PSUs") under the Amended and Restated Jones Energy, Inc. 2013 Omnibus Incentive Plan (the "LTIP") on April 29, 2015 and the PSUs vested at 58.3% of target upon achievement of previously established performance criteria and certification of such achievement by the compensation committee of the board of directors of the Reporting Company on February 7, 2018, resulting in the issuance of 38,040 shares of Class A common stock to the Reporting Person.
- F2Shares withheld for payment of withholding taxes upon the vesting of PSUs granted to the Reporting Person on February 7, 2018.
- F3The number of shares of Class A common stock includes adjustments to unvested restricted stock units under the LTIP as a result of the dividends on shares of the Issuer's 8.0% Series A Perpetual Convertible Preferred Stock paid in shares of Class A common stock.
- F4The shares of Class A common stock reported on this line are 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 such shares reported on this line except to the extent of his pecuniary interest therein.