Darren Klinck - 17 Feb 2022 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role
President
Signature
/s/ Darren Klinck
Issuer symbol
SVBL
Transactions as of
17 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 15:20:42 UTC
Previous filing
07 Oct 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 +39,063 $0.000000 39,063 17 Feb 2022 By Westcott Management Ltd.
holding SVBL Common Stock 20,000 17 Feb 2022 Direct
holding SVBL Common Stock 300,000 17 Feb 2022 By spouse

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 F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 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.