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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

Show Other Fields >>

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

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.
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.
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.
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.
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.
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.
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.