John Lovoi - 03 Jul 2023 Form 4 Insider Report for Epsilon Energy Ltd. (EPSN)

Role: Director
Signature: \s\ John Lovoi
Issuer symbol: EPSN
Transactions as of: 03 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 11 Jul 2023, 19:24:21 UTC
Previous filing: 03 Jul 2023
Next filing: 14 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPSN	Common Shares	Award	$0	+9,804	+14%	$0.000000	81,904	03 Jul 2023	Direct	F1
holding	EPSN	Common Shares						708,078	03 Jul 2023	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	A new grant of 9,804 shares of common stock represented by time-based restricted stock units. The shares vest evenly over three years (12/31/23, 12/31/24, and 12/31/25).
F2	The securities are held in multiple accounts managed by JVL Advisors, LLC ("JVL"), of which John Lovoi is the managing member. Mr. Lovoi may be deemed to be the beneficial owner of such securtities by virtue of such role. Mr. Lovoi disclaims beneficial ownership of the securities managed by JVL, except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that JVL or Mr. Lovoi is the beneficial owner of such securities for purposed of Section 16 or for any other purpose.

Content

A new grant of 9,804 shares of common stock represented by time-based restricted stock units. The shares vest evenly over three years (12/31/23, 12/31/24, and 12/31/25).

The securities are held in multiple accounts managed by JVL Advisors, LLC ("JVL"), of which John Lovoi is the managing member. Mr. Lovoi may be deemed to be the beneficial owner of such securtities by virtue of such role. Mr. Lovoi disclaims beneficial ownership of the securities managed by JVL, except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that JVL or Mr. Lovoi is the beneficial owner of such securities for purposed of Section 16 or for any other purpose.