Company: PED
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001654954-25-007979
Chunk: 48

Company: PEDEVCO CORP
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 48
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 130,666 |     | $                                              | 468,069 |
| 2022 |     | $                                                            | 636,761 |     | $                                   | (312,000 | ) |     | $                                 | 313,207 |     | $                                              | 637,968 |

| 29 |

| (a) | The amounts deducted or added in calculating the total average equity award adjustments are as follows: |

| Year 
 2024 |     | AverageYear EndFair ValueofOutstandingandUnvestedEquityAwardsGranted inthe Year | 217,683 |     | Year overYearAverageChange inFair ValueofOutstandingandUnvestedEquityAwardsGranted inPrior Years |   2,222 |   |     | AverageFairValueas ofVestingDate ofEquityAwardsGrantedandVestedin theYear | — |     | YearoverYearAverageChangein FairValue ofEquityAwardsGrantedin PriorYearsthatVestedin theYear | (32,516 | ) |     | AverageFair Valueat the Endof thePriorYear ofEquityAwardsthat Failedto MeetVestingConditionsin theYear | — |     | AverageValue ofDividends orotherEarningsPaid on Stockor OptionAwards notOtherwiseReflected inFair Value orTotal Compensation | — |     | TotalAverageEquityAwardAdjustments | 187,389 |
|:-----|:----|:--------------------------------------------------------------------------------|--------:|:----|:-------------------------------------------------------------------------------------------------|--------:|:--|:----|:--------------------------------------------------------------------------|:--|:----|:---------------------------------------------------------------------------------------------|--------:|:--|:----|:-------------------------------------------------------------------------------------------------------|:--|:----|:-----------------------------------------------------------------------------------------------------------------------------|:--|:----|:-----------------------------------|--------:|
| 2023 |     | $                                                                               | 218,167 |     | $                                                                                                | (82,133 | ) |     | $                                                                         | — |     | $                                                                                            |  (5,367 | ) |     | $                                                                                                      | — |     | $                                                                                                                            | — |     | $                                  | 130,666 |
| 2022 |     | $                                                                               | 293,333 |     | $                                                                                                |   7,529 |   |     | $                                                                         | — |     | $                                                                                            |  12,345 |   |     | $                                                                                                      | — |     | $                                                                                                                            | — |