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PEDEVCO CORP — Director's Dealing 2014
Feb 12, 2014
34546_dirs_2014-02-12_43a9e5e0-ee62-47f8-ab97-62b2d50f4fe3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PEDEVCO CORP (PED)
CIK: 0001141197
Period of Report: 2014-02-10
Reporting Person: Clark Moore (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-10 | Common Stock | S | 58000 | $2.0978 | Disposed | 789734 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 33334 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock Warrant (Right to Buy) | $2.34 | 2017-12-16 | Common Stock (1906) | 1906 | Direct |
| Common Stock Warrant (Right to Buy) | $5.25 | 2017-03-22 | Common Stock (953) | 953 | Direct |
| Incentive Stock Option (Right to Buy) | $.51 | 2022-06-18 | Common Stock (44467) | 44467 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $.51 | 2022-06-18 | Common Stock (188867) | 188867 | Direct |
Footnotes
F1: All sales were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person on September 20, 2013 to satisfy Reporting Person's tax liability in connection with the February 9, 2014 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan, which grant was exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2: Reporting Persons' holding includes 83,334 shares and 232,000 shares remaining respectively issued pursuant to restricted stock grants and 474,400 balance of Founders stock. 58,000 shares were sold at an average price of $2.0978 each.
F3: Represents 16,667 shares of the Issuer's common stock owned by each of Reporting Person's two minor children.