SEC Form 4 · accession 0001354488-17-000011
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
Jan 3, 2017
Accepted (ET)
Jan 3, 2017 · 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 StockF1,F2 | Jan 3, 2017 | S | 7,750 | $0.1062 | D | 83,166 | D |
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) | $0.11 | holding | — | — | — | Dec 28, 2016 | Dec 28, 2021 | Common | 600,000 | 600,000 | D |
| Non-Qualified Stock Option (Right to Buy) | $0.30 | holding | — | — | — | Feb 9, 2012 | Feb 8, 2022 | Common | 11,000 | 11,000 | D |
| Incentive Stock Option (Right to Buy) | $0.51 | holding | — | — | — | Jun 18, 2012 | Jun 18, 2022 | Common | 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
- F1Shares 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, 2017 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 holdings include: 34,416 and 48,750 shares issued pursuant to restricted stock grants.