Filing Details

Accession Number:
0001144204-10-056531
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-29 19:18:42
Reporting Period:
2010-10-27
Filing Date:
2010-10-29
Accepted Time:
2010-10-29 19:18:42
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 2010-10-27 800 $0.60 193,555 No 4 S Direct
Shares Of Common Stock Disposition 2010-10-29 20,000 $0.60 173,555 No 4 S Direct
Shares Of Common Stock Disposition 2010-10-29 30,000 $0.63 143,555 No 4 S Direct
Shares Of Common Stock Disposition 2010-10-29 10,000 $0.64 133,555 No 4 S Direct
Shares Of Common Stock Disposition 2010-10-29 10,000 $0.64 123,555 No 4 S Direct
Shares Of Common Stock Disposition 2010-10-29 10,000 $0.65 113,555 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 S Direct
No 4 S Direct
No 4 S 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
Common Stock Options $0.44 2005-11-21 2010-11-21 470,334 470,334 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
2010-11-21 470,334 470,334 Direct
Footnotes
  1. 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.
  2. 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.