X0306 4/A 2018-04-17 2018-04-19 0 0001573166 Jones Energy, Inc. JONE 0001581096 Jones Jonny 807 LAS CIMAS PARKWAY, SUITE 350 AUSTIN TX 78746 1 0 1 0 Class A common stock 2018-04-17 4 A 0 434952 0.00 A 6366967 D Class A common stock 2018-04-17 4 D 0 356967 0.00 D 6010000 D Class A common stock 2018-04-17 4 F 0 171159 0.62 D 5838841 D Class A common stock 1450005 I See footnote The Reporting Person was previously granted 434,952 Performance Share Units ("PSUs") under the Amended and Restated Jones Energy, Inc. 2013 Omnibus Incentive Plan, all of which vested immediately upon the Reporting Person's termination as an employee and officer of the Issuer. The Reporting Person is deemed to beneficially own 5,051,725 shares of Class A Common Stock of the Issuer ("Class A Shares") as a result of the irrevocable proxies (the "Proxies") to vote such Class A Shares granted on July 6, 2017 by Debora Lynn Jones Trust V, Julie Ann Jarvis Trust V, Jon Rex Jones Loyal Trust, Jon Rex Jones, Jr. Trust V and Stephen Martin Jones Trust V. Following the grant of the Proxies, the Reporting Person holds sole voting power over such Class A Shares. No consideration was paid by the Reporting Person for the grant of the Proxies. Additionally, the Reporting Person is deemed to indirectly beneficially own the 2,291,138 Class A Shares owned by Jon Rex Jones, Jr. Trust V as a result of his status as Trustee of such trust, through which he holds sole dispositive power over such Class A Shares. The Reporting Person disclaims beneficial ownership of the Class A Shares reported herein except to the extent of his pecuniary interest therein. Upon the Reporting Person's termination as an employee and officer of the Issuer, the Reporting Person forfeited 356,967 Restricted Share Units that were previously reported but unvested. Represents Class A Shares withheld for payment of withholding taxes upon the vesting of the PSUs described in item 1 above. The Reporting Person indirectly beneficially owns such Class A Shares through the JRJ Jr. Trust V. The Reporting Person disclaims beneficial ownership of such Class A Shares except to the extent of his pecuniary interest therein. The original Form 4 filed on April 19, 2018 is being amended pursuant to this Form 4/A to correct the number of shares actually withheld for payment of withholding taxes upon the vesting of the PSUs described herein. /s/ Jonny Jones 2018-05-07