PINKSTON PAUL ANTHONY 4
4 · PEDEVCO CORP · Filed Jan 21, 2021
Insider Transaction Report
Form 4
PEDEVCO CORPPED
Transactions
- Award
Common Stock
2021-01-19$1.39/sh+140,000$194,600→ 240,000 total
Footnotes (2)
- [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 January 19, 2021 (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.
- [F2]Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as the Chief Accounting Officer of the Issuer.