McFarland J C 4
4 · Searchlight Minerals Corp. · Filed Aug 23, 2010
Insider Transaction Report
Form 4
McFarland J C
Director
Transactions
- Purchase
COMMON STOCK
2010-08-19$0.62/sh+14,500$8,990→ 14,500 total - Purchase
COMMON STOCK
2010-08-19$0.60/sh+23,700$14,220→ 38,200 total - Purchase
COMMON STOCK
2010-08-20$0.62/sh+1,800$1,116→ 40,000 total
Holdings
- 17,143
OPTIONS
Exercise: $0.70From: 2010-06-30Exp: 2015-06-30→ Common Stock (17,143 underlying) - 200,000
OPTIONS
Exercise: $1.06→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]Reflects the issuance of options to purchase up to 200,000 shares of common stock granted to Mr. McFarland on May 1, 2010 for his services as a director of Searchlight Minerals Corp. The options will vest pro rata over four years, from May 1, 2011 through May 1, 2014. The options each expire on the five year anniversary of the date that they vest.