Brian D. Edgar - 17 Feb 2022 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role
Director
Signature
/s/ Brian D. Edgar
Issuer symbol
SVBL
Transactions as of
17 Feb 2022
Transactions value $
$0
Form type
4
Date filed
22 Feb 2022, 15:18
Previous filing
13 Sep 2021
Next filing
31 Oct 2023
SEC
View on sec.gov

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 +400K $0.00 400K 17 Feb 2022 Common Stock 400K $0.25 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 133,333, 133,333, and 133,334. 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.