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Filing Details

Accession Number:: 0001354488-15-000090
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-01-07 17:17:38
Reporting Period:: 2015-01-05

Filing Date:: 2015-01-07
Accepted Time:: 2015-01-07 17:17:38
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
1415554	C Frank Ingriselli	4125 Blackhawk Plaza Circle Suite 201 Danville CA 94506	Ceo And Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-01-05	54,000	$0.41	2,006,191	No	5	S	Direct
Common Stock	Acquisiton	2015-01-07	370,000	$0.37	2,376,191	No	5	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	S	Direct
No	5	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Incentive Stock Option (Right to Buy)	Acquisiton	2015-01-07	370,000	$0.37	370,000	$0.37

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
370,000	2015-01-07	2020-01-07	No	5	A	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common Stock Warrant (Right to Buy)	$2.34	2013-12-16	2017-12-16	38,096	38,096	Indirect
Common Stock	Common Stock Warrant (Right to Buy)	$5.25	2013-03-22	2017-03-22	19,048	19,048	Indirect
Common Stock	Non-Qualified Stock Option (Right to Buy)	$0.51	2012-12-18	2022-06-18	348,267	348,267	Direct
Common Stock	Incentive Stock Option (Right to Buy)	$0.51	2012-12-18	2022-06-18	42,533	42,533	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-12-16	38,096	38,096	Indirect
2017-03-22	19,048	19,048	Indirect
2022-06-18	348,267	348,267	Direct
2022-06-18	42,533	42,533	Direct

Footnotes

All sales were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person on December 15, 2014 to satisfy Reporting Person's tax liability in connection with the January 1, 2015 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan, which grant was exempt from Section 16(b) pursuant to Rule 16b-3(d).
Common stock of Issuer granted to Reporting Person and subject to forfeiture as follows: (i) 40% of the shares on the nine (9) month anniversary of the Grant Date; (ii) 20% on the twelve month anniversary of the Grant Date; (iii) 20% on the eighteen (18) month anniversary of the Grant Date; and (iv) 20% on the twenty-four (24) month anniversary of the Grant Date, in each case subject to the Recipient being an employee of, or consultant to, the Company on such vesting date, and subject to the terms and conditions of a Restricted Stock Agreement.
Reporting Person's holdings include 166,667 shares, 347,500 shares, 486,000 shares, and 370,000 shares issued pursuant to restricted stock grants; 40,123 shares issued pursuant to an option exercise; 718,334 and 1,890 transferred from Global Venture Investments, LLC; 27,677 shares remaining from Founders stock grant; 190,000 acquired in private transactions and 28,000 acquired in open market purchases.
Incentive Stock Option granted to Reporting Person with vesting as follows: (i) 50% of the shares on the six (6) month anniversary of the Grant Date; (ii) 20% on the twelve (12) month anniversary of the Grant Date; (iii) 20% on the eighteen (18) month anniversary of the Grant Date and (iv) 10% on the twenty-four (24) month anniversary of the Grant Date, in each case subject to the recipient of the Option being an employee of or consultant to the Company on such vesting date, and subject to the terms and conditions of a Stock Option Agreement.
Global Venture Investments, LLC is an entity 100% owned and controlled by Reporting Person.