JOHN J. SCELFO - 13 Jul 2023 Form 4 Insider Report for PEDEVCO CORP (PED)

Role: Director
Signature: /s/ John J. Scelfo
Issuer symbol: PED
Transactions as of: 13 Jul 2023
Transactions value $: -$36,760
Form type: 4
Filing time: 14 Jul 2023, 19:41:27 UTC
Previous filing: 26 Aug 2022
Next filing: 01 Sep 2023
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	-$36.8K	-40K	-15.12%	$0.92	225K	13 Jul 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $0.91 to $0.9326, 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 sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan.

Content

This transaction was executed in multiple trades at prices ranging from $0.91 to $0.9326, 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 sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan.