4//SEC Filing
AGER CARL S 4
Accession 0001144204-11-054626
CIK 0001084226other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 8:21 PM ET
Size
8.5 KB
Accession
0001144204-11-054626
Insider Transaction Report
Form 4
AGER CARL S
DirectorVP, Secretary and Treasurer
Transactions
- Award
Non-Qualified Stock Options
2011-09-21+325,000→ 325,000 totalExercise: $1.22→ Common Stock (325,000 underlying)
Holdings
- 24,800
Non-Qualified Stock Options
Exercise: $4.04From: 2007-02-16Exp: 2012-02-16→ Common Stock (24,800 underlying) - 500,000
Common Stock
Footnotes (2)
- [F1]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.
- [F2]Reflects the issuance of options to purchase up to 325,000 shares of common stock granted to Mr. Ager on September 21, 2011 for his service as an officer of Searchlight Minerals Corp. 125,000 options vest immediately. The remaining 200,000 options vest upon certain events and milestones. The options each expire on the five year anniversary of the date that they vest
Documents
Issuer
Searchlight Minerals Corp.
CIK 0001084226
Entity typeother
Related Parties
1- filerCIK 0001332724
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 8:21 PM ET
- Size
- 8.5 KB