John J. Scelfo - Sep 1, 2021 Form 4 Insider Report for PEDEVCO CORP (PED)

Role
Director
Signature
/s/ Clark R. Moore, attorney-in-fact for John J. Scelfo
Stock symbol
PED
Transactions as of
Sep 1, 2021
Transactions value $
$115,000
Form type
4
Date filed
9/1/2021, 07:50 PM
Previous filing
Jul 13, 2021
Next filing
Jul 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PED Common Stock Award $115K +100K +95.69% $1.15 205K Sep 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Restricted Common Stock were issued to the Reporting Person pursuant to Issuer's 2012 Equity Incentive Plan and are subject to forfeiture. The shares fully vest on July 12, 2022, 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.

Remarks:

See Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the Reporting Person on July 12, 2019.