William F. Matlack - 26 Jan 2024 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role
Director
Signature
/s/ William F. Matlack
Issuer symbol
SVBL
Transactions as of
26 Jan 2024
Net transactions value
$0
Form type
4
Filing time
30 Jan 2024, 16:33:15 UTC
Previous filing
31 Oct 2023
Next filing
27 Oct 2025
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 +150,000 $0.000000 150,000 26 Jan 2024 Common Stock 150,000 $0.1190 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 50,000, 50,000, and 50,000. 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.