Accession Number: | 0001654954-18-014021 |
Date: | 2018-12-12 |
Issuer: | PEDEVCO CORP (PED) |
Original Submission Date: |
CLARK MOORE
4125 BLACKHAWK PLAZA CIRCLE
SUITE 201
DANVILLE, CA 94506
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON STOCK | 2018-12-12 | A | 51,000 | a | $1.33 | 336,076 | direct | ||
COMMON STOCK | 2018-12-12 | 0 | $0.00 | 5,734 | indirect | f3 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | the shares of restricted common stock were issued to the reporting person pursuant to the issuer's 2012 equity incentive plan and are subject to forfeiture. the shares vest at the rate of (i) 1/3 of the shares on the one (1) year anniversary of december 12, 2018 (the "grant date"); (ii) 1/3 on the two (2) year anniversary of the grant date; and (iii) 1/3 on the three (3) year anniversary of the grant date, subject to the reporting person's continued service to the company on such vesting dates, and subject to the terms and conditions of a restricted shares grant agreement entered into by and between the issuer and the reporting person. exempt under rule 16b-3(d). |
f2 | issued to the reporting person in consideration for services rendered and agreed to be rendered to the issuer as the executive vice president, general counsel and secretary of the issuer. |
f3 | represents 2,867 shares of the issuer's common stock owned by each of reporting person's two minor children. |