Filing Details

Accession Number:
0001354488-14-003551
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-03 16:01:55
Reporting Period:
2014-07-01
Filing Date:
2014-07-03
Accepted Time:
2014-07-03 16:01:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1141197 Pedevco Corp PED Oil & Gas Field Exploration Services (1382) 223755993
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1293970 L Michael Peterson 4125 Blackhawk Plaza Circle
Suite 201
Danville CA 94506
Exec Vp And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-07-01 395,000 $1.94 997,598 No 5 A Direct
Common Stock Disposition 2014-07-03 50,000 $0.30 947,598 No 5 G Direct
Common Stock Disposition 2014-07-01 9,000 $2.07 938,598 No 5 S Direct
Common Stock Acquisiton 2014-07-03 10,000 $0.30 36,668 No 4 G Indirect By dependent children
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 A Direct
No 5 G Direct
No 5 S Direct
No 4 G Indirect By dependent children
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,209 Indirect By The Peterson Family Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Incentive Stock Option (Right to Buy) $0.51 2012-12-18 2022-06-18 63,800 63,800 Direct
Common Stock Non-Qualified Stock Option (Right to Buy) $0.24 2012-03-01 2021-10-07 100,000 100,000 Direct
Common Stock Non-Qualified Stock Option (Right to Buy) $0.51 2012-12-18 2022-06-18 269,534 269,534 Direct
Common Stock Non-Qualified Stock Option (Right to Buy) $67.20 2008-09-20 2018-05-28 447 447 Direct
Common Stock Non-Qualified Stock Option (Right to Buy) $30.24 2011-02-02 2021-02-02 2,977 2,977 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-06-18 63,800 63,800 Direct
2021-10-07 100,000 100,000 Direct
2022-06-18 269,534 269,534 Direct
2018-05-28 447 447 Direct
2021-02-02 2,977 2,977 Direct
Footnotes
  1. Common stock of Issuer granted to Reporting Person and subject to forfeiture as follows: (i) 20% of the shares on the six (6) month anniversary of the Grant Date; (ii) 20% on the nine (9) month anniversary of the Grant Date; (iii) 20% on the twelve (12) month anniversary of the Grant Date; (iv) 10% on the eighteen (18) month anniversary of the Grant Date (cont'd in next footnote).
  2. Vesting (v) 10% on the twenty-four (24) month anniversary of the Grant Date; (vi) 10% on the thirty (30) month anniversary of the Grant Date; and (vii) 10% on the thirty-six (36) month anniversary of the Grant Date, subject to the recipient of the shares being an employee of, or consultant to, the Company on such vesting date, and subject to the terms of a Restricted Shares Grant Agreement entered into by and between the Company and the recipient.
  3. Reporting Person made charitable and bonafide gift transfers of an aggregate of 50,000 shares in private transactions including transfers of an aggregate of 10,000 shares to two of his dependent children.
  4. All sales were sold pursuant to Reporting Person's Rule 10b5-1 Sales Plan established on September 30, 2013.
  5. Reporting Person's holding includes 200,000 shares, 260,000 shares and 395,000 shares issued pursuant to restricted stock agreement, 76,000 balance of vested stock, 7,449 shares issued pursuant to debt conversion, 149 issued pursuant to 2008 Blast stock grant.
  6. Represents shares held by Peterson Family Trust, a trust 100% owned and controlled by Mr. Peterson and his spouse.
  7. Represents 18,334 shares of the Issuer's common stock owned by each of the Reporting Person's two dependent children.