0001654954-24-000991.txt : 20240129 0001654954-24-000991.hdr.sgml : 20240129 20240129163130 ACCESSION NUMBER: 0001654954-24-000991 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240125 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PINKSTON PAUL ANTHONY CENTRAL INDEX KEY: 0001683306 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35922 FILM NUMBER: 24574138 MAIL ADDRESS: STREET 1: 450 GEARS ROAD, SUITE 860 CITY: HOUSTON STATE: TX ZIP: 77067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PEDEVCO CORP CENTRAL INDEX KEY: 0001141197 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 223755993 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 575 N. DAIRY ASHFORD STREET 2: ENERGY CENTER II, SUITE 210 CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: 855-733-3826 MAIL ADDRESS: STREET 1: 575 N. DAIRY ASHFORD STREET 2: ENERGY CENTER II, SUITE 210 CITY: HOUSTON STATE: TX ZIP: 77079 FORMER COMPANY: FORMER CONFORMED NAME: BLAST ENERGY SERVICES, INC. DATE OF NAME CHANGE: 20050610 FORMER COMPANY: FORMER CONFORMED NAME: VERDISYS INC DATE OF NAME CHANGE: 20010523 4 1 section16.xml PRIMARY DOCUMENT X0508 4 2024-01-25 0001141197 PEDEVCO CORP PED 0001683306 PINKSTON PAUL ANTHONY 575 N. DAIRY ASHFORD ENERGY CENTER II, SUITE 210 HOUSTON TX 77079 true CAO and PFO and AO true Common Stock 2024-01-25 4 S false 35000 0.6369 D 499700 D Common Stock 2024-01-26 4 A false 250000 0 A 749700 D Shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person to satisfy the Reporting Person's tax liability in connection with the January 25, 2024 vesting of certain shares of restricted stock which were granted under the Company's 2021 Equity Incentive Plan, which grants were exempt from Section 16(b) pursuant to Rule 16b-3. This transaction was executed in multiple trades at prices ranging from $0.611 to $0.6611, inclusive. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. 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 one (1) year anniversary of January 26, 2024 (the "Grant Date"); (ii) 1/3 on the two (2) year anniversary of the Grant Date; and (iii) 1/3 on the three (3) year 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 Accounting Officer of the Issuer. See Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the Reporting Person on December 20, 2019. /s/ Clark R. Moore, attorney-in-fact for Paul Pinkston 2024-01-29