SEC Form 4 · accession 0001654954-18-005065
PEDEVCO CORP · PED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank C Ingriselli
Director · Other
Period of report
May 10, 2018
Accepted (ET)
May 10, 2018 · 7:51 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,F2 | May 10, 2018 | A | 80,000 | $0.34 | A | 384,460 | 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 17, 2017 | Apr 30, 2021 | Common Stock | 37,000 | 37,000 | D |
| 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 | $5.10 | holding | — | — | — | Dec 18, 2012 | Apr 30, 2021 | Common Stock | 4,254 | 4,254 | D |
Explanation of responses
- F1Common stock of Issuer granted to Reporting Person pursuant to Issuer's 2012 Equity Incentive Plan. 75% of the shares will become vested and nonforfeitable on the six (6) month anniversary of June 1, 2018, and the balance 25% of the shares will become vested and nonforfeitable on the nine (9) month anniversary of June 1, 2018, in each case so long as Reporting Person remains a director, an employee of, or consultant to Issuer and subject to the terms and conditions of a Restricted Shares Grant Agreement.
- F2Reporting Person's holdings include: 13,371 held by spouse, 36,893 held directly, 80,000,14,546 and 150,000 pursuant to restricted stock grants and 89,650 vested shares held by Global Venture Investments, Inc., an entity 100% owned and controlled by Reporting Person.