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Home > Insider Trading > Filing (0001144204-10-046228)

Filing Details

Accession Number:: 0001144204-10-046228
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-23 17:04:43
Reporting Period:: 2010-08-19

Filing Date:: 2010-08-23
Accepted Time:: 2010-08-23 17:04:43
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
1375010	C J Mcfarland	7021 Worsham Drive Whittier CA 90602		Yes	No	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
Common Stock	Acquisiton	2010-08-19	14,500	$0.62	14,500	No	4	P	Direct
Common Stock	Acquisiton	2010-08-19	23,700	$0.60	38,200	No	4	P	Direct
Common Stock	Acquisiton	2010-08-20	1,800	$0.62	40,000	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	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	OPTIONS	$0.70	2010-06-30	2015-06-30	17,143	17,143	Direct
Common Stock	OPTIONS	$1.06			200,000	200,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2015-06-30	17,143	17,143	Direct
	200,000	200,000	Direct

Footnotes

Reflects the issuance of options to purchase up to 200,000 shares of common stock granted to Mr. McFarland on May 1, 2010 for his services as a director of Searchlight Minerals Corp. The options will vest pro rata over four years, from May 1, 2011 through May 1, 2014. The options each expire on the five year anniversary of the date that they vest.