SIEM IVAR 4
4 · PEDEVCO CORP · Filed Aug 26, 2022
Insider Transaction Report
Form 4
PEDEVCO CORPPED
SIEM IVAR
Director
Transactions
- Award
Common Stock
2022-08-25+70,000→ 195,000 total
Holdings
- 187,100(indirect: American Resources Inc.)
Common Stock
Footnotes (3)
- [F1]The shares of Restricted Common Stock were issued to the Reporting Person pursuant to Issuer's 2021 Equity Incentive Plan and are subject to forfeiture. The shares fully vest on July 12, 2023, subject to the Reporting Person being a member of the Issuer's Board of Directors on such vesting date, 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(d).
- [F2]Issued to the Reporting Person in consideration for services rendered and agreed to be rendered as a member of the Board of Directors of the Issuer.
- [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.