SEC Form 4 · accession 0001354488-16-007983
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Overholtzer
Officer — Chief Financial Officer
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 4:02 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 StockF1 | Jun 30, 2016 | S | 18,250 | $0.21 | D | 105,166 | D | |
| Common StockF1,F2 | Jul 1, 2016 | S | 7,750 | $0.27 | D | 97,416 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy) | $0.30 | holding | — | — | — | Feb 9, 2012 | Feb 8, 2022 | Common Stock | 11,000 | 11,000 | D |
| Incentive Stock Option (Right to Buy) | $0.51 | holding | — | — | — | Jun 18, 2012 | Jun 18, 2022 | Common Stock | 116,667 | 116,667 | D |
| Incentive Stock Option (Right to Buy) | $0.37 | holding | — | — | — | Jan 7, 2015 | Jan 7, 2020 | Common Stock | 50,000 | 50,000 | D |
| Incentive Stock Option (Right to Buy) | $0.22 | holding | — | — | — | Jan 7, 2016 | Jan 7, 2021 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1All sales were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person to satisfy Reporting Person's tax liability in connection with the January 1, 2016, February 9, 2016, and July 1, 2016 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan, which grants were exempt from Section 16(b) pursuant to Rule 16b-13(d).
- F2Reporting Person's holding includes 40,916 and 56,500 shares issued pursuant to restricted stock grants.