SEC Form 4 · accession 0001144204-17-019000
Searchlight Minerals Corp. · SRCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Edward Mack
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 7:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084226
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONS | $0.08 | Mar 31, 2017 | A | 18,000 | A | Mar 31, 2017 | Mar 31, 2022 | Common Stock | 18,000 | 18,000 | D |
Explanation of responses
- F1Reflects the issuance of options to purchase up to 18,000 shares of common stock granted to Mr. Mack on March 31, 2017 for his service as a non-employee director of Searchlight Minerals Corp. for the quarter ended March 31, 2017. The options vest immediately and expire on the five year anniversary of the date that they vest.