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Epsilon Energy Ltd. Director's Dealing 2019

Feb 27, 2019

34124_dirs_2019-02-26_bf69d552-290c-4951-9e93-ed29efc537bd.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Epsilon Energy Ltd. (EPSN)
CIK: 0001726126
Period of Report: 2019-02-14

Reporting Person: Montgomery Adrian (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 2500 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option (right to buy) $7.34 Common Shares (10000) Direct
Restricted Stock Grant $ Common Shares (5000) Direct
Restricted Stock Grant $ Common Shares (9000) Direct

Footnotes

F1: The options are fully vested and expire on June 5, 2022.

F2: The Restricted Stock Grant will vest in equal parts on December 20, 2019 and December 20, 2020, as long as Mr. Montgomery is still a director at Epsilon. Otherwise, the grant will be forfeited.

F3: Vesting evenly at each anniversary of the grant date (December 31, 2018) over a three year period, as long as Mr. Montgomery is still a director at Epsilon. Otherwise, the grant will be forfeited.

F4: Upon vesting, the Restricted Stock Grants will convert into Common Shares on a one-for-one basis.