Filing Details

Accession Number:
0001104659-17-037969
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-07 17:24:28
Reporting Period:
2017-06-05
Filing Date:
2017-06-07
Accepted Time:
2017-06-07 17:24:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1573166 Jones Energy Inc. JONE Crude Petroleum & Natural Gas (1311) 800907968
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1580902 Mike Mcconnell 807 Las Cimas Parkway, Suite 350
Austin TX 78746
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2017-06-05 38,927 $1.95 336,853 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 258 Indirect See footnote
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 3, 2017. The Reporting Person adopted the trading plan to provide liquidity to pay taxes associated with the vesting of equity awards.
  2. The price reported in Column 4 is a weighted average price. The shares of Class A common stock (the "Class A Shares") sold were sold in multiple transactions at prices ranging from $1.90 to $2.00. The Reporting Person undertakes to provide Jones Energy, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares sold at each separate price within the range set forth in this footnote.
  3. The number of Class A Shares includes adjustments to unvested restricted stock units under the Issuer's Amended and Restated 2013 Omnibus Incentive Plan as a result of the dividend paid on May 15, 2017 on shares of the Issuer's 8.0% Series A Perpetual Convertible Preferred Stock paid in part in Class A Shares.
  4. The Class A Shares 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 the Class A Shares reported on this line except to the extent of his pecuniary interest therein.