Jody D. Crook - 23 Jan 2025 Form 4/A - Amendment Insider Report for PEDEVCO CORP (PED)

Role: CHIEF COMMERCIAL OFFICER
Signature: /s/ Clark R. Moore, attorney-in-fact for Jody Crook
Issuer symbol: PED
Transactions as of: 23 Jan 2025
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 10 Feb 2025, 17:30:19 UTC
Date Of Original Report: 27 Jan 2025
Previous filing: 02 Jan 2025
Next filing: 04 Nov 2025
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	$0	+294,118	+420%	$0.000000	364,118	23 Jan 2025	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 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 ten (10) month anniversary of January 23, 2025 (the "Grant Date"); (ii) 1/3 on the twenty-two (22) month anniversary of the Grant Date; and (iii) 1/3 on the thirty-four (34) month 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 Chief Commercial Officer of the Issuer.

Content

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 ten (10) month anniversary of January 23, 2025 (the "Grant Date"); (ii) 1/3 on the twenty-two (22) month anniversary of the Grant Date; and (iii) 1/3 on the thirty-four (34) month 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.

Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as the Chief Commercial Officer of the Issuer.

Remarks:

See the Power of Attorney filed as Exhibit 24 to the Form 3 filed by the Reporting Person on January 2, 2025. Due to an administrative error the original Form 4 incorrectly reported that 350,000 shares were acquired on January 23, 2025 by the Reporting Person. This Amended Form 4 has been updated to correct the number to 294,118 shares, as described above, and to correct the Amount of Securities Beneficially Owned Following Reported Transaction(s) in the table above.