Epsilon Energy Ltd. — Director's Dealing 2019

Feb 26, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Bond Bruce Lane (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	77000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (right to buy)	$7.34		Common Shares (22500)		Direct
Options (right to buy)	$6.80		Common Shares (27500)		Direct
Restricted Stock Grant	$		Common Shares (12500)		Direct

Footnotes

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

F2: Of these options 18,333 are fully vested, 9,167 options vest on January 26, 2020. All these options expire on January 26, 2024.

F3: Vesting evenly at each anniversary of the grant date (12/31/2018) over a three year period, as long as Mr. Bond is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited.

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