Filing Details

Accession Number:
0001104659-18-041312
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-20 18:24:12
Reporting Period:
2018-06-18
Accepted Time:
2018-06-20 18:24:12
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
1581096 Jonny Jones 807 Las Cimas Parkway, Suite 350
Austin TX 78746
Yes No Yes 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 2018-06-18 30,410 $0.38 412,000 No 4 S Indirect See footnote
Class A Common Stock Disposition 2018-06-19 78,500 $0.38 333,500 No 4 S Indirect See footnote
Class A Common Stock Disposition 2018-06-20 105,500 $0.39 228,000 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 5,838,841 Direct
Class A Common Stock 1,450,005 Indirect See footnote
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Jones Energy Drilling Fund, LP ("JEDF"), the record owner of the shares. JEDF adopted the trading plan to sell shares of Class A common stock ("Class A Shares") on behalf of a terminated employee (the "Terminated Employee") pursuant to a pre-existing contractual arrangement.
  2. The Class A Shares reported herein are beneficially owned by the Reporting Person solely as a result of his status as the Manager of Jones Energy Management, LLC, which is the general partner of JEDF. Such Class A Shares are held for the benefit of the Terminated Employee. The Reporting Person disclaims beneficial ownership of the Class A Shares reported herein except to the extent of his pecuniary interest therein.
  3. The price reported in Column 4 is a weighted average price. The Class A Shares sold were sold in multiple transactions at prices ranging from $0.37 to $0.3825. The Reporting Person undertakes to provide 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.
  4. The price reported in Column 4 is a weighted average price. The Class A Shares sold were sold in multiple transactions at prices ranging from $0.36 to $0.3850. The Reporting Person undertakes to provide 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.
  5. The price reported in Column 4 is a weighted average price. The Class A Shares sold were sold in multiple transactions at prices ranging from $0.3731 to $0.3930. The Reporting Person undertakes to provide 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.
  6. The Reporting Person is deemed to beneficially own 5,051,725 Class A Shares as a result of the irrevocable proxies (the "Proxies") to vote such Class A Shares granted on July 6, 2017 by Debora Lynn Jones Trust V, Julie Ann Jarvis Trust V, Jon Rex Jones Loyal Trust, Jon Rex Jones, Jr. Trust V and Stephen Martin Jones Trust V. Following the grant of the Proxies, the Reporting Person holds sole voting power over such Class A Shares. No consideration was paid by the Reporting Person for the grant of the Proxies. Additionally, the Reporting Person is deemed to indirectly beneficially own the 2,291,138 Class A Shares owned by Jon Rex Jones, Jr. Trust V as a result of his status as Trustee of such trust, through which he holds sole dispositive power over such Class A Shares. The Reporting Person disclaims beneficial ownership of the Class A Shares reported herein except to the extent of his pecuniary interest therein.
  7. The Reporting Person indirectly beneficially owns such Class A Shares through the JRJ Jr. Trust V. The Reporting Person disclaims beneficial ownership of such Class A Shares except to the extent of his pecuniary interest therein.