FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ingriselli Frank C
2. Issuer Name and Ticker or Trading Symbol

PEDEVCO CORP [ PED ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
Non-Executive Chairman
(Last)          (First)          (Middle)

4125 BLACKHAWK PLAZA CIRCLE, SUITE 201
3. Date of Earliest Transaction (MM/DD/YYYY)

4/28/2017
(Street)

DANVILLE, CA 94506
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/28/2017     S   V 10000   (1) D $.7142   250510   D    
Common Stock   5/1/2017     S   V 20000   (1) D $.7291   230510   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy)   $3.70                    1/7/2015   4/30/2021   Common Stock   37000     37000   D    
Common Stock Warrant (Right to Buy)   $23.40                    12/16/2013   12/16/2017   Common Stock   3810     3810   I   (3) By Global Venture Investments, LLC  
Non-Qualified Stock Option (Right to Buy)   $5.10                    12/18/2012   4/30/2021   Common Stock   34827     34827   D    
Incentive Stock Option (Right to Buy)   $5.10                    12/18/2012   4/30/2021   Common Stock   4254     4254   D    

Explanation of Responses:
(1)  Shares were sold pursuant to a 10b5-1 trading plan previously adopted by Reporting Person to satisfy Reporting Person's tax liability in connection with May 1, 2017 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan, which grants were exempt from Section 16(b) pursuant to Rule 16b-13(d).
(2)  Reporting Person's holdings include: 13,371 held by spouse, 42,943 fully vested shares held directly and 54,546 shares issued pursuant to a restricted stock grant; and 119,650 fully vested shares held by Global Venture Investments, Inc., an entity 100% owned and controlled by Reporting Person.
(3)  Global Venture Investments, LLC is an entity 100% owned and controlled by Reporting Person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ingriselli Frank C
4125 BLACKHAWK PLAZA CIRCLE
SUITE 201
DANVILLE, CA 94506
X

Non-Executive Chairman

Signatures
/s/ Clark Moore, Attorney-in-Fact 5/2/2017
** 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 4(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 control number.
PEDEVCO (AMEX:PED)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more PEDEVCO Charts.
PEDEVCO (AMEX:PED)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more PEDEVCO Charts.