Pedevco Corp. (PED): Read the notes more in detail, nothing w...

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Re: chemist72 post# 5598

Monday, 12/16/2019 6:40:42 AM

Monday, December 16, 2019 6:40:42 AM

Read the notes more in detail, nothing wrong here, just vesting: Shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person to satisfy the Reporting Person's tax liability in connection with the December 12, 2019 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).

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