4/A//SEC Filing
AGER CARL S 4/A
Accession 0001144204-10-056541
CIK 0001084226other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 8:31 PM ET
Size
19.0 KB
Accession
0001144204-10-056541
Insider Transaction Report
Form 4/AAmended
AGER CARL S
DirectorVP, Secretary and Treasurer
Transactions
- Sale
Common Stock
2010-10-12$0.84/sh−5,001$4,201→ 239,301 total - Sale
Common Stock
2010-10-11$0.84/sh−7,667$6,440→ 244,302 total - Sale
Common Stock
2010-10-12$0.85/sh−7,099$6,034→ 232,202 total - Sale
Common Stock
2010-10-13$0.82/sh−3,825$3,137→ 225,202 total - Sale
Common Stock
2010-10-13$0.86/sh−833$716→ 231,369 total - Sale
Common Stock
2010-10-13$0.84/sh−2,342$1,967→ 229,027 total
Holdings
- 0
Non-Qualified Stock Options
Exercise: $4.04From: 2007-02-16Exp: 2012-02-16→ Common Stock (24,800 underlying) - 0
Non-Qualified Stock Options
Exercise: $2.40From: 2006-06-06Exp: 2011-06-06→ Common Stock (250,000 underlying) - 0
Non-Qualified Stock Options
Exercise: $1.70From: 2006-04-07Exp: 2011-04-07→ Common Stock (60,000 underlying) - 0
Non-Qualified Stock Options
Exercise: $0.44From: 2005-11-21Exp: 2010-11-21→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5 trading plan adopted by the reporting person and Jeffries effective September 29, 2010.
- [F2]This amendment is being filed to correct a typographical error in the number of shares sold by the reporting person on October 11, 2010 and reported in Column 4 from 7,776 shares to 7,667 shares. The amounts listed in Column 5 of Table I after each reported sale have been revised to reflect the correct amount beneficially owned by the reporting person, giving effect to the correction in the reported October 11, 2010 sale transaction.
- [F3]Does not include any securities owned by Nanominerals. Mr. Ager is a 17.5% stockholder of Nanominerals, a company that owns 16,400,000 of the issuer's outstanding shares of common stock and warrants to purchase up to 200,000 shares of common stock. However, Mr. Ager does not have any voting or investment powers over the 16,400,000 shares or the 200,000 warrants owned by Nanominerals. For purposes of Section 16, Mr. Ager disclaims beneficial ownership of Nanominerals' securities, except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed an admission that Mr. Ager is the beneficial owner of Nanominerals' securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Searchlight Minerals Corp.
CIK 0001084226
Entity typeother
Related Parties
1- filerCIK 0001332724
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 8:31 PM ET
- Size
- 19.0 KB