WILLIAMS MELVIN L 4
4 · Searchlight Minerals Corp. · Filed Sep 19, 2011
Insider Transaction Report
Form 4
Transactions
- Purchase
Shares of Common Stock
2011-09-16$0.75/sh+3,500$2,625→ 7,500 total(indirect: By IRA) - Purchase
Shares of Common Stock
2011-09-16$0.75/sh+26,500$19,875→ 82,500 total - Purchase
Shares of Common Stock
2011-09-16$0.75/sh+14,000$10,500→ 20,000 total(indirect: By Cupit Milligan Ogden & Williams PSP & Tr Dated 1/1/1997)
Holdings
- 18,600
Incentive Stock Option
Exercise: $4.04From: 2007-02-16Exp: 2012-02-16→ Common Stock (18,600 underlying)
Footnotes (2)
- [F1]In the prior Form 4 filed by the reporting person on August 23, 2010, the total number of shares of common stock held by the reporting person was correct. However, 3,000 shares of common stock were incorrectly listed in Column 5 as being held by the Roth IRA instead of being held by the Cupit Milligan Ogden & Williams PSP & Tr Dated 1/1/1997.
- [F2]The 20,000 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 Williams is the trustee and sole beneficiary of the trust.