EVOLUTION PETROLEUM CORP — Director's Dealing 2018

Feb 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVOLUTION PETROLEUM CORP (EPM)
CIK: 0001006655
Period of Report: 2017-12-07

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
2017-12-07	Common Stock	S	13793	$6.79	Disposed	1329174	Indirect
2017-12-18	Common Stock	S	5960	$6.90	Disposed	1323214	Indirect

Footnotes

F1: John V. Lovoi ("Lovoi") is (i) the sole member and manager of JVL Advisors, LLC ("JVL Advisors") and (ii) a managing member of Lobo Baya, LLC, which is the ultimate controlling entity of Luxiver, LP, a Delaware limited partnership ("Luxiver"). JVL Advisors is a 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 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.