New insider Crook Jody D. claimed ownership of 70,000 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/01/2025 |
3. Issuer Name and Ticker or Trading Symbol
PEDEVCO CORP [ PED ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 70,000(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Incentive Stock Option | 01/23/2024 | 01/23/2028 | Common Stock | 70,000(2) | $1.09 | D |
Explanation of Responses: |
1. Common Stock Issuer granted to Reporting Person on January 26, 2024 under the Issuer's 2021 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 1/3 vest on each of January 26, 2025, January 26, 2026, and January 26, 2027, for so long as Reporting Person remains an employee of, or consultant to, Issuer. |
2. Incentive Stock Option to purchase Common Stock of Issuer granted to Reporting Person on January 23, 2023 under the Issuer's 2021 Equity Incentive Plan and subject thereto, 1/3 vesting on each of January 23, 2024, January 23, 2025, and January 23, 2026, for so long as Reporting Person remains an employee of, or consultant to, the Issuer, and subject to the terms of a Stock Option Agreement. |
Remarks: |
Exhibit 24 - Power of Attorney |
/s/ Clark R. Moore, attorney-in-fact for Jody Crook | 01/01/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |