Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 1882

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1882
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 23, 2025 and November 23, 2026, and 63,334 of which vest on November 23, 2027, in each case provided that Mr. Pinkston remains employed by us, or is a consultant to us, on such vesting dates. Mr. Pinkston has voting control over his unvested shares of common stock.    (6)Consisting of the following: (a) 23,333, shares of fully-vested common stock held by Mr. Crook; and (b) 340,785 unvested shares of common stock, 23,333 of which vest on January 26, 2026, 23,334 of which vest on January 26, 2027, and 98,039 of which vest on each of November 23, 2025 and November 23, 2026, and 98,040 which vest on November 23, 2027, in each case provided that Mr. Crook remains employed by us, or is a consultant to us, on such vesting dates. Mr. Crook has voting control over his unvested shares of common stock.    (7)Consisting of the following: (a) 375,000 shares of fully-vested common stock held by Mr. Evans; and (b) 85,000 unvested shares of common stock, which vest on September 27, 2025, provided that Mr. Evans remains a director, employee of, or consultant to us on such vesting date. Mr. Evans has voting control over his unvested shares of common stock.    (8)Consisting of the following: (a) 349,500 shares of fully-vested common stock held by Mr. Scelfo; and (b) 125,000 unvested shares of common stock, which vest on July 12, 2025, provided that Mr. Scelfo remains a director, employee of, or consultant to us on such vesting date. Mr. Scelfo has voting control over his unvested shares of common stock.    (9)Consisting of 51,791,325 shares of common stock held by The SGK 2018 Revocable Trust. The SGK 2018 Revocable Trust is a family trust of which Dr. Kukes is the trustee and beneficiary, and as such, Dr. Kukes is deemed