Clark Moore 4
4 · PEDEVCO CORP · Filed Jan 26, 2022
Insider Transaction Report
Form 4
PEDEVCO CORPPED
Clark Moore
Executive VP
Transactions
- Award
Common stock
2022-01-25+300,000→ 600,000 total
Holdings
- 2,867(indirect: By Children)
Common stock
Footnotes (3)
- [F1]The shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's 2021 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 25, 2022 (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 Executive Vice President, General Counsel and Secretary of the Issuer.
- [F3]Represents 2,867 shares of the Issuer's common stock owned by Reporting Person's minor child.