SILVER BULL RESOURCES, INC. 4
4 · SILVER BULL RESOURCES, INC. · Filed Feb 25, 2016
Insider Transaction Report
Form 4
Fallis Sean
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-02-23+1,100,000→ 2,550,000 totalExercise: $0.06From: 2016-02-23Exp: 2021-02-22→ Common Stock (1,100,000 underlying)
Footnotes (2)
- [F1]Options were priced in CDN$ at CDN$0.075. Exercise price shown is in US$ and was converted based on the foreign currency exchange rate as of February 23, 2016 (CDN$1.00=US$0.7277).
- [F2]Options were granted on February 23, 2016 pursuant to the Silver Bull Resources, Inc. 2010 Stock Option and Stock Bonus Plan. This option to purchase common stock vests in three (3) annual installments of 366,666, 366,667 and 366,667. The first installment vests on the date of grant, the second installment vests on February 23, 2017, and the third installment vests on February 23, 2018.