SEC Form 4 · accession 0001354488-16-005866

PEDEVCO CORP · PED

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President

Period of report

Jan 7, 2016

Accepted (ET)

Jan 8, 2016 · 5:15 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001141197

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Aug 18, 2015	G	50,000	$0.003	D	1,092,484	D
Common Stock^F1	Dec 31, 2015	G	50,000	$0.003	D	1,042,484	D
Common Stock^F2,F3	Jan 7, 2016	A	550,000	$0.22	A	1,592,484	D
Common Stock^F4	holding	—	—		—	57,334	I	By minor children

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive Stock Option (Right to Buy)^F5	$0.22	Jan 7, 2016	A	280,000	A	Jan 7, 2016	Jan 7, 2021	Common	280,000	280,000	D
Incentive Stock Option (Right to Buy)	$0.37	holding	—	—	—	Jan 7, 2015	Jan 7, 2020	Common	270,000	270,000	D
Common Stock Warrant (Right to Buy)	$2.34	holding	—	—	—	Dec 16, 2013	Dec 16, 2017	Common	1,906	1,906	D
Common Stock Warrant (Right to Buy)	$5.25	holding	—	—	—	Mar 22, 2013	Mar 22, 2017	Common	953	953	D
Incentive Stock Option (Right to Buy)	$0.51	holding	—	—	—	Dec 18, 2012	Jun 18, 2022	Common	44,467	44,467	D
Non-Qualified Stock Option (Right to Buy)	$0.51	holding	—	—	—	Dec 18, 2012	Jun 18, 2022	Common Stock	188,867	188,867	D

F1Common stock shares were transferred pursuant to a charitable gift in a private transaction.
F2Common stock of Issuer granted to Reporting Person and subject to forfeiture as follows: (i) 50% of the shares on the six (6) month anniversary of the Grant Date; (ii) 30% on the twelve (12) month anniversary of the Grant Date; and (iii) 20% on the eighteen (18) month anniversary of the Grant Date, in each case subject to the Recipient being an employee of, or consultant to, the Company on such vesting date, and subject to the terms and conditions of a Restricted Stock Agreement.
F3Reporting Person's holdings include: 83,334 shares, 197,750 shares, 280,000 shares, 270,000 and 550,000 shares all issued pursuant to restricted stock grants, and 211,400 shares remaining of Founders Stock.
F4Represents 28,667 shares of the Issuer's common stock owned by each of Reporting Person's two minor children.
F5Incentive Stock Option granted to Reporting Person with vesting as follows: (i) 50% of the shares on the six (6) month anniversary of the Grant Date; (ii) 30% on the twelve (12) month anniversary of the Grant Date and (iii) 20% on the eighteen (18) month anniversary of the Grant Date, in each case subject to the recipient of the Option being an employee or or consultant to the Company on such vesting date, and subject to the terms and conditions of a Stock Option Agreement.