McFarland J C 4
4 · Searchlight Minerals Corp. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
McFarland J C
Director
Transactions
- Award
OPTIONS
2010-12-31+27,692→ 27,692 totalExercise: $0.65From: 2010-12-31Exp: 2015-12-31→ Common Stock (27,692 underlying)
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) - 40,000
Common Stock
- 18,462
OPTIONS
Exercise: $0.97From: 2010-09-30Exp: 2015-09-30→ Common Stock (18,462 underlying)
Footnotes (2)
- [F1]Reflects the issuance of options to purchase up to 27,692 shares of common stock granted to Mr. McFarland on December 31, 2010 for his service as a director of Searchlight Minerals Corp. The options vest immediately, and expire on the five year anniversary of the date that they vest.
- [F2]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.