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Home > Insider Trading > Filing (0001144204-10-046219)

Filing Details

Accession Number:: 0001144204-10-046219
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-23 16:58:57
Reporting Period:: 2010-08-19

Filing Date:: 2010-08-23
Accepted Time:: 2010-08-23 16:58:57
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
1367371	L Melvin Williams	1695 Meadow Wood Lane, Suite 100 Reno NV 89502	Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Shares Of Common Stock	Acquisiton	2010-08-19	4,000	$0.61	7,000	No	4	P	Indirect	By Roth IRA
Shares Of Common Stock	Acquisiton	2010-08-19	3,000	$0.61	3,000	No	4	P	Indirect	By Cupit Milligan Ogden & Williams PSP & Tr Dated 1/1/1997
Shares Of Common Stock	Acquisiton	2010-08-19	3,000	$0.63	56,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Roth IRA
No	4	P	Indirect	By Cupit Milligan Ogden & Williams PSP & Tr Dated 1/1/1997
No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Options	$2.06	2007-06-14	2011-06-14	50,000	50,000	Direct
Common Stock	Non-Qualified Stock Options	$2.06	2008-06-14	2011-06-14	50,000	50,000	Direct
Common Stock	Incentive Stock Option	$4.04	2007-02-16	2012-02-16	18,600	18,600	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2011-06-14	50,000	50,000	Direct
2011-06-14	50,000	50,000	Direct
2012-02-16	18,600	18,600	Direct

Footnotes

The 3,000 shares of common stock of Searchlight Minerals Corp. are held by the Cupit Milligan Ogden & Williams PSP & Tr Dated 1/1/1997, which is a retirement trust. Melvin William is a trustee and sole beneficiary of his self directed account within the trust.