NYSE: JONE May 25, 2018

$ 0.48

-0.05 -9.25%

Stock Information

NYSE: JONE May 25, 2018

$ 0.48

-0.05 -9.25%

NYSE : JONENYSE

Price: 0.48

Change: -0.05

Volume: 1,137,160

% Change: -9.25%

Intraday High: 0.55

52 Week High: 2.21

Intraday Low: 0.44

52 Week Low: 0.44

Today's Open: 0.55

Previous Close: 0.53

Pricing delayed 20 minutes

May 25, 2018 | 04:04 PM ET

SERIES A PREFERRED STOCK
PREFERRED DIVIDEND HISTORY

Stock Chart

Historical Price Lookup

Lookup Date

High: N/A

Low: N/A

Volume: N/A

Opening Price: N/A

Last: N/A

On August 26, 2016 Jones Energy, Inc. issued shares of 8.0% Series A perpetual convertible preferred stock with a liquidation preference of $50 per share. The shares pay quarterly dividends. Below is a summary of the issue. For further details please see our prospectus dated 8/19/2016 and our most recent SEC filings.

8.0% Series A Perpetual Convertible Preferred Stock
Original issue date	8/26/2016
Number of shares outstanding	1,839,995
Par value per share	$0.001
Liquidation preference per share	$50.00
Annual dividend per share	$4.00
Dividend payment	At our option payable in cash, Class A common stock, or a combination thereof
Dividend payment dates	2/15; 5/15; 8/15; 11/15
Tax treatment of dividends	Preferred dividends are taxable to the extent they are paid from Earnings and profits as defined in the Internal Revenue Code. Taxability of dividends in a given year are reported to shareholders on Form 1099-DIV. 2016 dividends were reported to shareholders as taxable dividends. 2017 dividends were reported to shareholders as non-taxable return of capital. Consult your tax advisor.
Issue converts to what?	Class A common stock
Current conversion rate per share (As of 03/31/2017)	17.0683
Current conversion price per share (As of 03/31/2017)	$2.93
When can a holder convert?	At any time
Company’s option to convert	On or after 8/15/2021 the Company, at its option, may give notice to convert all outstanding shares of Series A preferred stock into Class A common stock if the closing share price of the Class A common stock is ≥ 175% of the conversion price for at least 20 trading days in a period of 30 consecutive trading days.
Redemption date	On 8/15/2024 holders may require the Company to redeem any or all Series A preferred stock outstanding at the redemption price of $50 per share plus all accrued dividends on the shares up to, but excluding the designated redemption date that have not been paid, plus any unpaid excess cash payment amounts.
What is the issue redeemed for at the redemption date?	At our option, the redemption price may be paid in cash or, subject to certain limitations, in Class A common stock, or a combination thereof.
CUSIP	48019R207

PORTION OF DIVIDEND PAID IN CLASS A COMMON STOCK:

RECORD
DATE

PAID
DATE

DIVIDEND
PER SHARE

DIVIDEND
PAID IN:

CASH RECEIVED
PER SHARE

CLASS A
COMMON RECEIVED
PER SHARE ^[1]

APPROXIMATE TAX
BASIS OF COMMON
SHARES RECEIVED ^[2][3]

PRICE TO
DETERMINE NUMBER
OF SHARES RECEIVED ^[4]

IRS FORMS

5/1/2018

5/15/2018

$1.00

Not Paid

―

2/1/2018

2/15/2018

$1.00

All Class A Common Stock

―

0.970865

$1.00

$1.03

11/1/2017

11/15/2017

$1.00

All Class A Common Stock

―

0.906878

$1.00

$1.10

IRS FORM 8937

8/1/2017

8/15/2017

$1.00

All Class A Common Stock

―

0.867134

$1.13

$1.21

IRS FORM 8937

5/1/2017

5/15/2017

$1.00

Combination

$0.83

0.078168

$2.18

$2.17

IRS FORM 8937

2/1/2017

2/15/2017

$1.00

All Cash (USD)

$1.00

―

IRS FORM 8937

11/1/2016

11/15/2016

$0.88

All Cash (USD)

$0.88

―

[1] Dividend rate is equal to the number of Class A Common shares received for each share of Series A Preferred Stock held on the record date. Any fractional Class A Common shares to be issued to a preferred shareholder are rounded up to the nearest whole share.
[2] The value used to determine dividend income and tax basis for the recipient per share of Class A Common received (value on the dividend paid date).
[3] Preferred dividends are taxable to the extent they are paid from earnings and profits as defined in the Internal Revenue Code. The Company will issue IRS Form 1099-DIVs to preferred shareholders in accordance with IRS reporting deadlines.
[4] Represents 95% of the average volume-weighted average price ("VWAP") per share of Class A Common for each day during the 5-consecutive day trading period immediately prior to the payment date.