SEC Form 4 · accession 0001354488-16-007180
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Peterson
Officer — President and CFO
Period of report
Jan 27, 2016
Accepted (ET)
Apr 29, 2016 · 5:02 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 StockF5 | Jan 27, 2016 | G | 100,000 | $0.30 | D | 1,646,723 | D | |
| Common StockF1,F2 | Apr 28, 2016 | F | 182,755 | $0.23 | D | 1,463,968 | D | |
| Common StockF3 | holding | — | — | — | 5,209 | I | By The Peterson Family Trust | |
| Common StockF4 | holding | — | — | — | 36,668 | I | By dependent 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 | 300,000 | 300,000 | D |
| Incentive Stock Option (Right to Buy) | $0.37 | holding | — | — | — | Jan 7, 2015 | Jan 7, 2020 | Common Stock | 325,000 | 325,000 | D |
| Incentive Stock Option (Right to Buy) | $0.51 | holding | — | — | — | Dec 18, 2012 | Jun 18, 2022 | Common Stock | 63,800 | 63,800 | D |
| Non-Qualified Stock Option (Right to Buy) | $0.24 | holding | — | — | — | Mar 1, 2012 | Oct 7, 2021 | Common Stock | 100,000 | 100,000 | D |
| Non-Qualified Stock Option (Right to Buy) | $0.51 | holding | — | — | — | Dec 18, 2012 | Jun 18, 2022 | Common Stock | 269,534 | 269,534 | D |
| Non-Qualified Stock Option (Right to Buy) | $67.20 | holding | — | — | — | Sep 20, 2008 | May 28, 2018 | Common Stock | 447 | 447 | D |
| Non-Qualified Stock Option (Right to Buy) | $30.24 | holding | — | — | — | Feb 2, 2011 | Feb 2, 2021 | Common Stock | 2,977 | 2,977 | D |
Explanation of responses
- F1Shares forfeited/withheld in lieu of payment of tax liability in connection with the vesting of 481,000 shares on April 28, 2016.
- F2Reporting Persons' holdings include: 45,000; 223,125; 266,000; 180,000; 142,245 and 600,000 shares issued pursuant to restricted stock grants; 7,449 shares issued pursuant to debt conversion and 149 issued pursuant to a 2008 Blast stock grant.
- F3Represents shares held by the Peterson Family Trust, a Trust owned 100% by Mr. Peterson and his spouse.
- F4Represents shares of common stock 50% owned by each of Reporting Person's two dependent children.
- F5Common stock shares were transferred pursuant to a charitable gift in a private transaction.