FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
PEDEVCO CORP [ PED ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 07/01/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 07/07/2017 | S | V | 6,000(1) | D | $0.6128 | 199,379 | D | ||
Common Stock | 07/07/2017 | S | V | 300(1) | D | $0.606 | 199,079 | D | ||
Common Stock | 07/10/2017 | S | V | 1,748(1) | D | $0.6131 | 197,331(2) | D | ||
Common Stock | 521 | I | By The Peterson Family Trust(3) | |||||||
Common Stock | 1,834 | I | By dependent child(4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Incentive Stock Option (Right to Buy) | $2.2 | 01/07/2016 | 01/07/2021 | Common Stock | 30,000 | 30,000 | D | ||||||||
Incentive Stock Option (Right to Buy) | $3.7 | 01/07/2015 | 01/07/2020 | Common Stock | 32,500 | 32,500 | D | ||||||||
Incentive Stock Option (Right to Buy) | $5.1 | 12/18/2012 | 06/18/2022 | Common Stock | 6,380 | 6,380 | D | ||||||||
Non-Qualified Stock Option (Right to Buy) | $2.4 | 03/01/2012 | 01/07/2021 | Common Stock | 10,000 | 10,000 | D | ||||||||
Non-Qualified Stock Option (Right to Buy) | $5.1 | 12/18/2012 | 06/18/2022 | Common Stock | 26,954 | 26,954 | D | ||||||||
Non-Qualified Stock Option (Right to Buy) | $672 | 09/20/2008 | 05/28/2018 | Common Stock | 45 | 45 | D | ||||||||
Common Stock | $302.4 | 02/02/2011 | 02/02/2021 | Common Stock | 298 | 298 | D |
Explanation of Responses: |
1. Shares 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). |
2. Reporting 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. |
3. Represents shares held by The Peterson Family Trust, a trust owned 100% by Mr. Peterson and his spouse. |
4. Represents shares of common stock owned by Reporting Person's dependent child. |
/s/ Clark Moore, Attorney-In-Fact | 07/10/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |