SEC Form 4 · accession 0001654954-17-006277
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Peterson
Officer — President and CEO
Period of report
Jul 1, 2017
Accepted (ET)
Jul 10, 2017 · 5:17 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 | Jul 7, 2017 | S | 6,000 | $0.6128 | D | 199,379 | D | |
| Common StockF1 | Jul 7, 2017 | S | 300 | $0.606 | D | 199,079 | D | |
| Common StockF1,F2 | Jul 10, 2017 | S | 1,748 | $0.6131 | D | 197,331 | D | |
| Common StockF3 | holding | — | — | — | 521 | I | By The Peterson Family Trust | |
| Common StockF4 | holding | — | — | — | 1,834 | I | By dependent child |
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) | $2.20 | holding | — | — | — | Jan 7, 2016 | Jan 7, 2021 | Common Stock | 30,000 | 30,000 | D |
| Incentive Stock Option (Right to Buy) | $3.70 | holding | — | — | — | Jan 7, 2015 | Jan 7, 2020 | Common Stock | 32,500 | 32,500 | D |
| Incentive Stock Option (Right to Buy) | $5.10 | holding | — | — | — | Dec 18, 2012 | Jun 18, 2022 | Common Stock | 6,380 | 6,380 | D |
| Non-Qualified Stock Option (Right to Buy) | $2.40 | holding | — | — | — | Mar 1, 2012 | Jan 7, 2021 | Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Option (Right to Buy) | $5.10 | holding | — | — | — | Dec 18, 2012 | Jun 18, 2022 | Common Stock | 26,954 | 26,954 | D |
| Non-Qualified Stock Option (Right to Buy) | $672.00 | holding | — | — | — | Sep 20, 2008 | May 28, 2018 | Common Stock | 45 | 45 | D |
| Common Stock | $302.40 | holding | — | — | — | Feb 2, 2011 | Feb 2, 2021 | Common Stock | 298 | 298 | D |
Explanation of responses
- F1Shares were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person with respect to the sale of shares which vested on July 1, 2017 and July 7, 2017 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: 4,500; 18,875; 8,700; 10,000; 7,725; 23,021 and 123,750 shares all issued pursuant to restricted stock grants; 745 issued pursuant to debt conversion and 15 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 owned by Reporting Person's dependent child.