Christopher Richards - Jan 26, 2024 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role
Chief Financial Officer
Signature
/s/ Christopher Richards
Stock symbol
SVBL
Transactions as of
Jan 26, 2024
Transactions value $
$0
Form type
4
Date filed
1/30/2024, 04:23 PM
Previous filing
Mar 10, 2023

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 +475K $0.00 475K Jan 26, 2024 Common Stock 475K $0.12 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$0.16. Exercise price shown is in USD$ and was converted based on the foreign currency exchange rate as of January 25, 2024 (CDN$1.00=US$0.7410).
F2 This option to purchase common stock vests in three (3) annual installments of 158,333, 158,333, and 158,334. The first installment vests on the date of grant, the second installment vests on January 26, 2025, and the third installment vests on January 26, 2026.