Company: PED
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001654954-25-007979
Chunk: 46

Company: PEDEVCO CORP
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 46
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 as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The amounts deducted or added in calculating the equity award adjustments are as follows: |

| Year 
 2024 |     | Year EndFair ValueofOutstandingandUnvestedEquityAwardsGranted inYear | 427,900 |     | Year overYearChange inFair ValueofOutstandingandUnvestedEquityAwardsGranted inPrior Years |    3,200 |   |     | Fair Valueas ofVestingDate ofEquityAwardsGrantedandVested inthe Year | — |     | Year overYearChangein FairValue ofEquityAwardsGrantedin PriorYearsthatVestedin theYear | (47,367 | ) |     | Fair Valueat the Endof thePriorYear ofEquityAwardsthat Failedto MeetVestingConditionsin theYear | — |     | Value ofDividends orotherEarningsPaid on Stockor OptionAwards notOtherwiseReflected inFair Value orTotalCompensation | — |     | Total EquityAwardAdjustments | 383,733 |
|:-----|:----|:---------------------------------------------------------------------|--------:|:----|:------------------------------------------------------------------------------------------|---------:|:--|:----|:---------------------------------------------------------------------|:--|:----|:---------------------------------------------------------------------------------------|--------:|:--|:----|:------------------------------------------------------------------------------------------------|:--|:----|:---------------------------------------------------------------------------------------------------------------------|:--|:----|:-----------------------------|--------:|
| 2023 |     | $                                                                    | 308,000 |     | $                                                                                         | (121,000 | ) |     | $                                                                    | — |     | $                                                                                      |  (6,000 | ) |     | $                                                                                               | — |     | $                                                                                                                    | — |     | $                            |