4//SEC Filing
PETERSON MICHAEL L 4
Accession 0001654954-17-011944
CIK 0001141197other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 4:32 PM ET
Size
17.6 KB
Accession
0001654954-17-011944
Insider Transaction Report
Form 4
PEDEVCO CORPPED
PETERSON MICHAEL L
DirectorCEO and President
Transactions
- Sale
Common Stock
2017-12-28$0.31/sh−24,750$7,638→ 561,081 total - Award
Common Stock
2017-12-28$0.31/sh+410,000$126,608→ 585,831 total
Holdings
- 521(indirect: By Trust)
Common Stock
- 26,954
Non-Qualified Stock Option (Right to Buy)
Exercise: $5.10From: 2012-12-18Exp: 2022-06-18→ Common Stock (26,954 underlying) - 30,000
Incentive Stock Option (Right to Buy)
Exercise: $2.20From: 2017-01-07Exp: 2021-01-07→ Common Stock (30,000 underlying) - 6,380
Incentive Stock Option (Right to Buy)
Exercise: $5.10From: 2012-12-28Exp: 2022-06-18→ Common Stock (6,380 underlying) - 10,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $2.40From: 2012-03-01Exp: 2021-10-07→ Common Stock (10,000 underlying) - 1,834(indirect: By Children)
Common Stock
- 45
Non-Qualified Stock Option (Right to Buy)
Exercise: $672.00From: 2008-09-20Exp: 2018-05-28→ Common Stock (45 underlying) - 298
Non-Qualified Stock Option (Right to Buy)
Exercise: $302.40From: 2011-02-02Exp: 2021-02-02→ Common Stock (298 underlying) - 32,500
Incentive Stock Option (Right to Buy)
Exercise: $3.70From: 2015-01-07Exp: 2020-01-07→ Common Stock (32,500 underlying)
Footnotes (5)
- [F1]Common stock of Issuer granted to Reporting Person pursuant to Issuer's 2012 Equity Incentive Plan and subject to forfeiture as follows: (i) 50% of the shares on the six (6) month anniversary of the Grant Date; (ii) 30% on the twelve (12) month anniversary of the Grant Date and (iii) 20% on the eighteen (18) month anniversary of the Grant Date, in each case subject to the Recipient being an employee of, or consultant to the Company on such vesting date, and subject to the terms and conditions of a Restricted Stock Agreement.
- [F2]Shares were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person to satisfy Reporting Person's tax liability in connection with the December 28, 2017 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-13(d).
- [F3]Reporting Person's holdings include: 4,500; 18,875; 8,700; 8,500; 7,725; 3,021; 99,000 and 410,000 shares all issued pursuant to restricted stock grants; 745 issued pursuant to debt conversion and 15 pursuant to a 2008 Blast Stock Grant.
- [F4]Represents shares held by The Peterson Family Trust, a trust owned 100% by Mr. Peterson and his spouse.
- [F5]Represents shares held by Reporting Person's dependent child.
Documents
Issuer
PEDEVCO CORP
CIK 0001141197
Entity typeother
Related Parties
1- filerCIK 0001293970
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 4:32 PM ET
- Size
- 17.6 KB