EVOLUTION PETROLEUM CORP — Director's Dealing 2018

Jun 28, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2018-06-25

Reporting Person: JVL Advisors, L.L.C. (10% Owner)
Reporting Person: LOVOI JOHN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-25	Common Stock	S	50000	$10.0914	Disposed	652821	Indirect
2018-06-26	Common Stock	S	120000	$10.1150	Disposed	532821	Indirect
2018-06-27	Common Stock	S	86231	$10.3171	Disposed	446590	Indirect

Footnotes

F1: John V. Lovoi ("Lovoi") is a managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP, a Delaware limited partnership ("Luxiver"). JVL Advisors is party to an investment management agreement with Luxiver that gives JVL Advisors voting and dispositive power over the securities owned by Luxiver; thus, JVL Advisors may be deemed an ultimate controlling entity of Luxiver.

F2: Because of their control over, and investment management relationship with, Luxiver, JVL Advisors and Lovoi may be deemed to have voting and dispositive power over the securities owned by the Luxiver; thus, each may also be deemed to be the beneficial owner of these securities. JVL Advisors and Lovoi disclaim any beneficial ownership of the reported securities beneficially owned by Luxiver in excess of their respective pecuniary interest in such securities.

F3: Represents Luxiver's sale of shares of common stock.

F4: Represents shares of common stock held by Luxiver.

F5: Represents a weighted average sale price for the shares of common stock - the high price was $10.2500 and the low price was $10.0000. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: Represents a weighted average sale price for the shares of common stock - the high price was $10.2000 and the low price was $10.0000. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: Represents a weighted average sale price for the shares of common stock - the high price was $10.4250 and the low price was $10.2000. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.