Epsilon Energy Ltd. — Director's Dealing 2020

Feb 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Epsilon Energy Ltd. (EPSN)
CIK: 0001726126
Period of Report: 2019-12-31

Reporting Person: Roebuck Ryan (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Shares	M	5500	—	Acquired	75025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-31	Restricted Stock Grant	$	M	5500	Disposed		Common Shares (5500)	Direct

Footnotes

F1: The Reporting Person initially acquired these Common Shares as part of a restricted stock grant on 12/31/2018. These Common Shares vested on 12/31/2019 and were issued on 01/02/2020.

F2: The Reporting Person initially acquired 2,500 these Common Shares as part of a restricted stock grant on 12/31/2017. These Common Shares vested on 12/31/2019 and were issued on 01/02/2020.

F3: Vesting evenly at each anniversary of the grant date (12/31/2018) on 12/31/2020 and 12/31/2021, as long as Mr. Roebuck is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited.

F4: Vesting evenly at each anniversary of the grant date (12/31/2017) on 12/31/2020, as long as Mr. Roebuck is still employed with Epsilon at each applicable vesting date. Otherwise, the Restricted Stock Grant will be forfeited

F5: Upon vesting, the Restricted Stock Grants convert into Common Shares on a one for one basis.