Jason Stankowski - May 17, 2022 Form 4 Insider Report for Epsilon Energy Ltd. (EPSN)

Role: Director
Signature: /s/ Jason Stankowski, Partner
Stock symbol: EPSN
Transactions as of: May 17, 2022
Transactions value $: -$946,005
Form type: 4
Date filed: 5/19/2022, 06:34 PM
Previous filing: Apr 8, 2022
Next filing: Jul 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPSN	Common Shares, no par value	Sale	-$437K	-61.9K	-13.47%	$7.05	398K	May 17, 2022	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	-$304K	-43.8K	-11.02%	$6.94	354K	May 18, 2022	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	-$205K	-29.6K	-8.37%	$6.91	324K	May 19, 2022	See Footnote	F1

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

Explanation of Responses:

Id	Content
F1	The securities reported herein are held in multiple accounts managed by Clayton Partners LLC ("Clayton"), of which Jason Stankowski is a portfolio manager. Clayton may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Mr. Stankowski may be deemed to be a beneficial owner of such securities by virtue of his role as a portfolio manager of Clayton. Mr. Stankowski disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

The securities reported herein are held in multiple accounts managed by Clayton Partners LLC ("Clayton"), of which Jason Stankowski is a portfolio manager. Clayton may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Mr. Stankowski may be deemed to be a beneficial owner of such securities by virtue of his role as a portfolio manager of Clayton. Mr. Stankowski disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.