4//SEC Filing
Searchlight Minerals Corp. 4
Accession 0001144204-15-053261
CIK 0001084226operating
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:22 PM ET
Size
6.6 KB
Accession
0001144204-15-053261
Insider Transaction Report
Form 4
ESTRA JORDAN
Director
Transactions
- Award
OPTIONS
2015-08-28+250,000→ 250,000 total(indirect: Ophir Consulting Group, Inc.)Exercise: $0.50From: 2015-12-19Exp: 2020-12-19→ Common Stock (250,000 underlying)
Footnotes (4)
- [F1]Reflects the issuance of options to purchase up to 250,000 shares of common stock on August 28, 2015 for services provided as a non-employee director of Searchlight Minerals Corp.
- [F2]The per share exercise price shall be equal to the greater of: (i) $0.50; and (ii) the fair market value of Searchlight Minerals Corp.'s common stock based on the closing price on December 18, 2015.
- [F3]The options shall vest and become exercisable, in whole or in part, from and after December 19, 2015, so long as the holder has continually provided services to Searchlight Minerals Corp. in the same capacity from the date of issuance through December 19, 2015.
- [F4]Mr. Estra is the President of the Ophir Consulting Group, Inc., a Florida corporation. Mr. Estra owns all of his securities jointly with his wife.
Documents
Issuer
Searchlight Minerals Corp.
CIK 0001084226
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001084226
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 4:22 PM ET
- Size
- 6.6 KB