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Home > Insider Trading > Filing (0001144204-10-056531)

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

Show Other Fields >>

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

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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

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.