Filing Details
- Accession Number:
- 0001013594-10-000079
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-02-02 12:00:00
- Reporting Period:
- 2010-01-29
- Filing Date:
- 2010-02-02
- Accepted Time:
- 2010-02-02 19:29:29
- 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 |
---|---|---|---|---|---|---|---|
1316580 | Luxor Capital Group, Lp | 767 Fifth Avenue 19Th Floor New York NY 10153 | No | No | Yes | No | |
1356913 | Ltd Offshore Partners Capital Luxor | C/O M&Amp;C Corporate Svcs Ltd Po Box 309 Gt Ugland House George Town E9 00000 | No | No | Yes | No | |
1393021 | Luxor Capital Partners, Lp | 767 Fifth Avenue, 19Th Floor New York NY 10153 | No | No | Yes | No | |
1434200 | Ltd Offshore Spectrum Luxor | C/O Maples Corporate Services Ltd P.o. Box 309 Gt George Town E9 KY1-1104 | No | No | Yes | No | |
1434201 | Luxor Spectrum Llc | 767 Fifth Avenue 19Th Floor New York NY 10153 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2010-01-29 | 77,728 | $1.64 | 3,409,198 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2010-01-29 | 31,432 | $1.64 | 1,705,341 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2010-01-29 | 3,540 | $1.64 | 191,861 | No | 4 | P | Indirect | See |
Common Stock | Acquisiton | 2010-01-29 | 601,541 | $1.65 | 4,010,739 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2010-01-29 | 243,254 | $1.65 | 1,948,595 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2010-01-29 | 27,405 | $1.65 | 219,266 | No | 4 | P | Indirect | See |
Common Stock | Acquisiton | 2010-02-01 | 1,500 | $1.65 | 4,012,239 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2010-02-02 | 23,350 | $1.65 | 4,035,589 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Direct | |
No | 4 | P | Indirect | See |
No | 4 | P | Direct | |
No | 4 | P | Direct | |
No | 4 | P | Indirect | See |
No | 4 | P | Direct | |
No | 4 | P | Direct |
Footnotes
- Reflects the securities of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund"). The Onshore Fund also owns warrants exercisable for an additional 2,438,000 shares of common stock ("Shares").
- Reflects the securities of the issuer owned directly by Luxor Wavefront, LP (the "Wavefront Fund").
- Reflects the securities of the issuer held in an account managed separately (the "Separately Managed Account") by Luxor Capital Group, LP ("Luxor Capital Group").
- Luxor Capital Group acts as the investment manager of the Onshore Fund, Luxor Spectrum, LLC (the "Spectrum Onshore Fund"), the Wavefront Fund, Luxor Capital Partners Offshore Master Fund, LP (the "Offshore Master Fund"), Luxor Capital Partners Offshore, Ltd. (the "Offshore Feeder Fund"), Luxor Spectrum Offshore Master Fund, LP (the "Spectrum Offshore Master Fund") and Luxor Spectrum Offshore, Ltd. (the "Spectrum Offshore Feeder Fund") (collectively, the "Luxor Funds") and the Separately Managed Account.
- Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Offshore Spectrum Master Fund and the managing member of the Spectrum Onshore Fund. Mr. Leone is the managing member of LCG Holdings. The Offshore Master Fund is a subsidiary of the Offshore Feeder Fund, and the Spectrum Offshore Master Fund is a subsidiary of the Spectrum Offshore Feeder Fund.
- After the transactions reported herein, (a) the Spectrum Onshore Fund directly owns 48,800 Shares and warrants exercisable for an additional 24,400 Shares, (b) the Offshore Master Fund directly owns 4,652,800 Shares and warrants exercisable for an additional 1,326,400 Shares, and (c) the Spectrum Offshore Master Fund directly owns 422,400 Shares and warrants exercisable for an additional 211,200 Shares.
- Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the shares of common stock held by the Luxor Funds and the Separately Managed Account. LCG Holdings may be deemed to indirectly beneficially own the shares of common stock held by the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Offshore Spectrum Master Fund. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims ownership of the shares of common stock owned by the Luxor Funds and the Separately Managed Account, except to the extent of their or his pecuniary interest therein.