4//SEC Filing
Jones Jonny 4
Accession 0001104659-18-041832
CIK 0001573166other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 5:15 PM ET
Size
8.6 KB
Accession
0001104659-18-041832
Insider Transaction Report
Form 4
Jones Jonny
DirectorChairman of the BOD & CEO10% Owner
Transactions
- Sale
Class A common stock
2018-06-21$0.36/sh−228,000$81,168→ 0 total(indirect: See footnote)
Holdings
- 1,450,005(indirect: See footnote)
Class A common stock
- 5,838,841
Class A common stock
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]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 $0.35 to $0.3760. 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.
- [F4]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.
- [F5]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.
Documents
Issuer
Jones Energy, Inc.
CIK 0001573166
Entity typeother
Related Parties
1- filerCIK 0001581096
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 5:15 PM ET
- Size
- 8.6 KB