Filing Details
- Accession Number:
- 0001144204-10-055041
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-22 06:14:57
- Reporting Period:
- 2010-10-19
- Filing Date:
- 2010-10-22
- Accepted Time:
- 2010-10-22 06:14:57
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1084226 | Searchlight Minerals Corp. | SRCH | Metal Mining (1000) | 980232244 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1332727 | D Robert Mcdougal | 3500 Lakeside Court Suite 206 Reno NV 89509 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares Of Common Stock | Disposition | 2010-10-19 | 6,400 | $0.65 | 192,089 | No | 4 | S | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-19 | 3,000 | $0.66 | 189,089 | No | 4 | S | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-19 | 700 | $0.66 | 188,389 | No | 4 | S | Direct | |
| Shares Of Common Stock | Acquisiton | 2010-10-19 | 29,666 | $0.44 | 218,055 | No | 4 | M | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-20 | 500 | $0.65 | 217,555 | No | 4 | S | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-20 | 8,000 | $0.63 | 209,555 | No | 4 | S | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-20 | 1,500 | $0.64 | 208,055 | No | 4 | S | Direct | |
| Shares Of Common Stock | Disposition | 2010-10-21 | 10,000 | $0.63 | 198,055 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Options | Disposition | 2010-10-19 | 29,666 | $0.44 | 29,666 | $0.44 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 470,334 | 2005-11-21 | 2010-11-21 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Shares Of Common Stock | 51,041 | Indirect | Robert D. McDougal and Edna D. McDougal Family Trust dated December 13, 2007 |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Options | $0.98 | 2010-09-30 | 2015-09-30 | 18,462 | 18,462 | Direct |
| Common Stock | Options | $2.40 | 2006-06-06 | 2011-06-06 | 50,000 | 50,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2015-09-30 | 18,462 | 18,462 | Direct |
| 2011-06-06 | 50,000 | 50,000 | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and Jefferies effective September 29, 2010.
- The 51,041 shares of common stock of Searchlight Minerals Corp. are held by Mr. McDougal as a trustee for the Robert D. McDougal and Edna D. McDougal Family Trust Dated December 13, 2007. Mr. McDougal has voting and investment power over the shares.
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