H. Douglas Evans - 01 Sep 2021 Form 4 Insider Report for PEDEVCO CORP (PED)

Role
Director
Signature
/s/ Clark R. Moore, attorney-in-fact for H. Douglas Evans
Issuer symbol
PED
Transactions as of
01 Sep 2021
Net transactions value
+$80,500
Form type
4
Filing time
01 Sep 2021, 19:54:03 UTC
Next filing
26 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PED Common Stock Award $80,500 +70,000 +47% $1.15 220,000 01 Sep 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 September 27, 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 August 29, 2019.