SEC Form 4 · accession 0001104659-18-032548
Jones Energy, Inc. · JONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike McConnell
Director
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 4:31 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 stockF1,F2 | May 9, 2018 | J | 553,013 | $0.00 | D | 0 | I | See footnote |
| Class A common stockF1,F2 | May 9, 2018 | J | 553,013 | $0.00 | A | 1,186,014 | I | See footnote |
| Class A common stock | holding | — | — | — | 284,168 | D |
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 | — | May 8, 2018 | J | 553,013 | D | — | — | Class A common stock | 553,013 | 0 | 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 the Reporting Person for the shares of Class A common stock of the Issuer (the "Class A Shares") reported as acquired herein. This 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 or indirectly 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.