PEDEVCO grants 2.105M restricted shares and 460K options to executives; salaries increased 5%

PEDEVCO CORP

CEO Kukes receives 550,000 restricted shares; President Schick 525,000; EVP Moore 450,000; CAO Pinkston 250,000; all vest over 3 years.
Options to purchase 460,000 shares at $0.6675 exercise price granted to non-executive employees, vest over 3 years.
Base salaries for Pinkston ($160K to $168K), Schick ($290K to $304.5K), Moore ($280K to $294K) increased 5% effective Feb 1, 2024.
Cash bonuses: Pinkston $35K, Schick $120K, Moore $110K approved for 2023 annual compensation.

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