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: Roorda Jacob (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	42900	Direct
Common Shares	25000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (right to buy)	$6.54		Common Shares (12500)		Direct
Restricted Stock Grant	$		Common Shares (5000)		Direct
Restricted Stock Grant	$		Common Shares (9000)		Direct

Footnotes

F1: Of this amount, 8,333 options are fully vested, 4,167 options vest on January 9, 2020. All options expire on 1/9/2024.

F2: This Restricted Stock Grant will vest in equal parts on December 20, 2019 and December 20, 2020, as long as Mr. Roorda is still a director of Epsilon at each applicable vesting date. Otherwise, the Restricted Stock 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. Roorda is still a director of 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.