SEC Form 4 · accession 0001354488-17-000524
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank C Ingriselli
Director · Other
Period of report
Apr 12, 2017
Accepted (ET)
May 18, 2017 · 4:01 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,F5 | Apr 12, 2017 | G | 30,000 | $2.39 | D | 200,510 | D | |
| Common StockF2,F3 | May 16, 2017 | S | 6,050 | $0.8047 | D | 194,460 | 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) | $3.70 | holding | — | — | — | Jan 7, 2015 | Apr 30, 2021 | Common Stock | 37,000 | 37,000 | D |
| Common Stock Warrant (Right to Buy)F4 | $23.40 | holding | — | — | — | Dec 16, 2013 | Dec 16, 2017 | Common Stock | 3,810 | 3,810 | I |
| Non-Qualified Stock Option (Right to Buy) | $5.10 | holding | — | — | — | Dec 18, 2012 | Apr 30, 2021 | Common Stock | 34,827 | 34,827 | D |
| Incentive Stock Option (Right to Buy) | $5.10 | holding | — | — | — | Dec 18, 2012 | Apr 30, 2021 | Common Stock | 4,254 | 4,254 | D |
Explanation of responses
- F1Common shares were transferred pursuant to a gift in a private transaction.
- F2Shares were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person with respect to the sale of vested shares 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).
- F3Reporting Person's holdings include: 13,371 held by spouse; 36,893 held directly, 54,546 shares issued pursuant to a restricted stock grant and 89,650 vested shares held by Global Venture Investments, Inc., an equity 100% owned and controlled by Reporting Person.
- F4Global Venture Investments, LLC is an entity 100% owned and controlled by Reporting Person.
- F5Reporting Person's tax basis in the gifted shares.