Accession Number: | 0001654954-22-000712 |
Date: | 2022-01-19 |
Issuer: | PEDEVCO CORP (PED) |
Original Submission Date: |
CLARK MOORE
575 N. DAIRY ASHFORD
ENERGY CENTER II, SUITE 210
HOUSTON, TX 77079
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 | 2022-01-19 | S | 45,000 | d | $1.15 | 300,000 | direct | ||
COMMON STOCK | 2022-01-19 | 0 | $0.00 | 2,867 | 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 | shares were sold pursuant to a 10b5-1 trading plan previously adopted by the reporting person to satisfy the reporting person's tax liability in connection with the january 19, 2022 vesting of certain shares of restricted stock which were granted under the company's 2012 equity incentive plan, which grants were exempt from section 16(b) pursuant to rule 16b-3. |
f2 | this transaction was executed in multiple trades at prices ranging from $1.135 to $1.19. the price reported above reflects the weighted average sales price. the reporting person hereby undertakes to provide upon request to the securities and exchange commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected. |
f3 | represents 2,867 shares of the issuer's common stock owned by reporting person's minor child. |