SEC Form 4 · accession 0001654954-18-010056

PEDEVCO CORP · PED

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Aug 1, 2018

Accepted (ET)

Sep 11, 2018 · 3:09 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 Stock	holding	—	—		—	7,262,500	I	Through SK Energy LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Convertible Promissory Note^F1	$2.13	Aug 1, 2018	A	—	A	Aug 29, 2018	Aug 1, 2021	Common Stock	10,328,638	—	I

F1The terms of the Convertible Promissory Note are described in greater detail in the Form 8-K filed by the Issuer with the SEC on August 1, 2018. The conversion of the Convertible Promissory Note is subject to a 49.9% conversion limitation (for so long as SK Energy or any of its affiliates holds such note), which prevents the conversion of any portion thereof into common stock of the Issuer if such conversion would result in SK Energy beneficially owning (as such term is defined in the Securities Exchange Act of 1934, as amended) more than 49.9% of the Issuer's outstanding shares of common stock. The conversion price of the Convertible Promissory Note was not able to be determined until August 29, 2018.