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PEDEVCO CORP — Director's Dealing 2015
Apr 3, 2015
34546_dirs_2015-04-03_61569ea4-b8c9-4533-9e61-c85b5434a59a.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: 2015-04-01
Reporting Person: PETERSON MICHAEL L (President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-31 | Common Stock | G | 40000 | $.30 | Disposed | 1306223 | Direct |
| 2015-04-01 | Common Stock | S | 7500 | $.6514 | Disposed | 1298723 | Direct |
| 2015-04-02 | Common Stock | S | 32000 | $.5617 | Disposed | 1266723 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5209 | Indirect |
| Common Stock | 36668 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy) | $.37 | 2020-01-07 | Common Stock (325000) | 325000 | Direct |
| Incentive Stock Option (Right to Buy) | $.51 | 2022-06-18 | Common Stock (63800) | 63800 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $.24 | 2021-10-07 | Common Stock (100000) | 100000 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $.51 | 2022-06-18 | Common Stock (269534) | 269534 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $67.20 | 2018-05-28 | Common Stock (447) | 447 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $30.24 | 2021-02-02 | Common Stock (2977) | 2977 | Direct |
Footnotes
F1: Common stock shares were transferred pursuant to a charitable gift in a private transaction.
F2: All sales were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person on December 15, 2014 to satisfy Reporting Person's tax liability in connection with the April 1, 2015 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).
F3: Represents shares held by the Peterson Family Trust, a Trust owned 100% by Mr. Peterson and his spouse.
F4: Represents shares of Issuer's common stock 50% owned by each of Reporting Person's two dependent children.
F5: Reporting Person's holding includes 160,000; 223,125; 316,000; 200,000 and 325,000 shares issued pursuant to restricted stock grants; 35,000 balance of vested stock; 7,449 shares issued pursuant to debt conversion and 149 shares issued pursuant to a 2008 Blast Stock Grant.