Simon Kukes - Oct 3, 2022 Form 4 Insider Report for PEDEVCO CORP (PED)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Clark R. Moore, attorney-in-fact for Simon Kukes
Stock symbol: PED
Transactions as of: Oct 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/5/2022, 09:00 AM
Previous filing: Oct 4, 2022
Next filing: Dec 6, 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	Gift	$0	-51.8M	-100%	$0.00^*	0	Oct 3, 2022	Through SK Energy LLC	F1
transaction	PED	Common Stock	Gift	$0	+51.8M		$0.00	51.8M	Oct 3, 2022	Through The SGK 2018 Revocable Trust	F1
holding	PED	Common Stock						5.03M	Oct 3, 2022	Direct
holding	PED	Common Stock						3K	Oct 3, 2022	By Spouse

Showing 1 to 4 of 4 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 3, 2022, SK Energy LLC ("SK Energy") transferred all 51,791,325 shares of common stock of the Issuer which it held to The SGK 2018 Revocable Trust ("SGK Trust") for no consideration. SK Energy is beneficially owned by Dr. Simon G. Kukes and SGK Trust is a family trust of which Dr. Simon G. Kukes is the trustee and beneficiary, and as such, the beneficial owner of the shares held by SGK Trust, and there was no change in beneficial ownership of the transferred shares in connection with the transfer.

Content

On October 3, 2022, SK Energy LLC ("SK Energy") transferred all 51,791,325 shares of common stock of the Issuer which it held to The SGK 2018 Revocable Trust ("SGK Trust") for no consideration. SK Energy is beneficially owned by Dr. Simon G. Kukes and SGK Trust is a family trust of which Dr. Simon G. Kukes is the trustee and beneficiary, and as such, the beneficial owner of the shares held by SGK Trust, and there was no change in beneficial ownership of the transferred shares in connection with the transfer.

Remarks:

See the Powers of Attorney filed as Exhibits 24.1 and 24.2, to the Form 4 filed by the Reporting Persons on June 19, 2019 and the Power of Attorney filed as Exhibit 24.3 hereto.