X0306 4 2015-06-16 0 0001573166 Jones Energy, Inc. JONE 0001581096 Jones Jonny 807 LAS CIMAS PARKWAY, SUITE 350 AUSTIN TX 78746 1 1 1 0 Chairman and CEO Class B common stock 2015-06-16 4 J 0 96203 0.00 D 11775929 I See footnote Units of Jones Energy Holdings, LLC 2015-06-16 4 J 0 96203 0.00 D Class A common stock 96203 11775929 I See footnote The shares of Class B common stock of the Issuer (the "Class B Shares") and an equivalent number of membership interests in Jones Energy Holdings, LLC (the "JEH LLC Units") reported herein were exchanged by an employee of the Issuer (the "Electing Employee") for shares of Class A common stock of the Issuer (the "Class A Shares"). This exchange (the "Exchange") was made pursuant to and in accordance with the Exchange Agreement dated July 29, 2013, included as Exhibit 10.3 to the Issuer's Current Report on Form 8-K filed July 30, 2013. The Exchange was made solely for the benefit of the Electing Employee and no proceeds will go to Jonny Jones in connection therewith. The Class B Shares and JEH LLC Units reported herein are beneficially owned by the Reporting Person solely as a result of his status as the Manager of Jones Energy Management, LLC and as the Trustee of the Managing Member of JET 3 GP, LLC, which are the general partners of the entities that held such Class B Shares and JEH LLC Units prior to the exchanges reported herein. The Reporting Person disclaims beneficial ownership of the Class B Shares and JEH LLC Units reported herein except to the extent of his pecuniary interest therein. /s/ Jonny Jones 2015-06-18