SEC Form 4 · accession 0001354488-16-007178
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Moore Clark
Officer — Executive Vice President
Period of report
Jan 27, 2016
Accepted (ET)
Apr 29, 2016 · 5:00 pm EDT
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 StockF1 | Jan 27, 2016 | G | 100,000 | $0.003 | D | 1,492,484 | D | |
| Common StockF2,F3 | Apr 28, 2016 | F | 140,735 | $0.23 | D | 1,351,749 | D | |
| Common StockF4 | holding | — | — | — | 57,334 | I | By minor children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy) | $0.22 | holding | — | — | — | Jan 7, 2016 | Jan 7, 2021 | Common Stock | 280,000 | 280,000 | D |
| Incentive Stock Option (Right to Buy) | $0.37 | holding | — | — | — | Jan 7, 2015 | Jan 7, 2020 | Common Stock | 270,000 | 270,000 | D |
| Common Stock Warrant (Right to Buy) | $2.34 | holding | — | — | — | Dec 16, 2013 | Dec 16, 2017 | Common Stock | 1,906 | 1,906 | D |
| Common Stock Warrant (Right to Buy) | $5.25 | holding | — | — | — | Mar 22, 2013 | Mar 22, 2017 | Common Stock | 953 | 953 | D |
| Incentive Stock Option (Right to Buy) | $0.51 | holding | — | — | — | Dec 18, 2012 | Jun 18, 2022 | Common Stock | 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 |
Explanation of responses
- F1Common stock shares were transferred pursuant to a charitable gift in a private transaction.
- F2Shares forfeited/withheld in lieu of payment of tax liability in connection with the vesting of 354,000 shares on April 28, 2016.
- F3Reporting Persons' holdings include: 83,334 shares, 162,015 shares, 175,000 shares, 270,000 and 550,000 shares all issued pursuant to restricted stock grants and 111,400 shares remaining of Founders stock.
- F4Represents 28,667 shares of the Issuer's common stock owned by each of Reporting Persons' two minor children.