4//SEC Filing
Searchlight Minerals Corp. 4
Accession 0001144204-15-018037
CIK 0001084226operating
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 2:46 PM ET
Size
7.9 KB
Accession
0001144204-15-018037
Insider Transaction Report
Form 4
ORING MARTIN B
Director
Transactions
- Purchase
Common Stock
2015-03-18$0.25/sh+8,050$2,013→ 516,800 total(indirect: By Wealth Preservation Defined Benefit Plan) - Purchase
Common Stock
2015-03-18$0.25/sh+29,785$7,446→ 367,160 total(indirect: By Trust)
Footnotes (4)
- [F1]The reported securities were purchased by the Martin Oring Financial Trust for $0.25 per share in consideration for the cancellation of $7,446 in debt owing by Searchlight Minerals Corp. (the "Company") to the Martin Oring Financial Trust for March18, 2015 interest payments due on certain notes.
- [F2]Mrs. Olivia Oring is one of the trustees of the Martin Oring Financial Trust Dated December 20, 2006, which was created for the benefit of Mr. Oring's children and grandchildren. Mrs. Olivia Oring is Mr. Oring's wife.
- [F3]The reported securities were purchased by the Wealth Preservation Defined Benefit Plan for $0.25 per share in consideration for the cancellation of $2,013 in debt owing by the Company to the Wealth Preservation Defined Benefit Plan for March 18, 2015 interest payments due on certain notes.
- [F4]These shares are held by Wealth Preservation, Defined Benefit Plan, of which Mr. Martin Oring and Mrs. Olivia Oring are sole beneficiaries and trustees, and in such capacity are deemed to hold voting and dispositive power over the securities held by the Wealth Preservation Defined Benefit Plan.
Documents
Issuer
Searchlight Minerals Corp.
CIK 0001084226
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001084226
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 2:46 PM ET
- Size
- 7.9 KB