Timothy T. Barry - 17 Feb 2022 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role: Chief Executive Officer, Director
Signature: /s/ Timothy T. Barry
Issuer symbol: SVBL
Transactions as of: 17 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Feb 2022, 15:15:49 UTC
Previous filing: 13 Sep 2021
Next filing: 10 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SVBL	Common Stock	Award	$0	+265,625	+97%	$0.000000	538,888	17 Feb 2022	Direct
holding	SVBL	Common Stock						319,000	17 Feb 2022	By spouse	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SVBL	Stock Option (Right to Buy)	Award	$0	+750,000		$0.000000	750,000	17 Feb 2022	Common Stock	750,000	$0.2520	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2	Options were priced in CDN$ at CDN$0.32. Exercise price shown is in US$ and was converted based on the foreign currency exchange rate as of February 16, 2022 (CDN$1.00=US$0.7883).
F3	This option to purchase common stock vests in three (3) annual installments of 250,000 each. The first installment vests on the date of grant, the second installment vests on February 17, 2023, and the third installment vests on February 17, 2024.