SIEM IVAR 4
4 · PEDEVCO CORP · Filed Jul 13, 2021
Insider Transaction Report
Form 4
PEDEVCO CORPPED
SIEM IVAR
Director
Transactions
- Sale
Common stock
2021-07-12$1.35/sh−35,000$47,397→ 85,000 total
Holdings
- 187,100(indirect: American Resources Inc.)
Common stock
Footnotes (3)
- [F1]The 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 July 12, 2021 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan.
- [F2]This transaction was executed in multiple trades at prices ranging from $1.32 to $1.50. 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]The reporting person disclaims beneficial ownership of the reported securities held by American Resources Offshore Inc., except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.