JOHN J. SCELFO - 12 Jul 2022 Form 4 Insider Report for PEDEVCO CORP (PED)

Role
Director
Signature
/s/ Clark R. Moore, attorney-in-fact for John J. Scelfo
Issuer symbol
PED
Transactions as of
12 Jul 2022
Transactions value $
-$43,600
Form type
4
Filing time
13 Jul 2022, 16:30:30 UTC
Previous filing
01 Sep 2021
Next filing
26 Aug 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 Sale -$43.6K -40K -19.56% $1.09 165K 12 Jul 2022 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 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 July 12, 2022 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan.
F2 This transaction was executed in multiple trades at prices ranging from $1.08 to $1.125, 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.

Remarks:

See Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the Reporting Person on July 12, 2019.