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GULF RESOURCES, INC. — Director's Dealing 2010
Dec 17, 2010
35305_dirs_2010-12-17_e3bba3de-ceac-4b8a-ae4e-739e7ea0c894.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GULF RESOURCES, INC. (GFRE)
CIK: 0000885462
Period of Report: 2009-03-10
Reporting Person: Li Min (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-09 | Common Stock, par value $0.0005 per share | C | 14831 | $4.80 | Acquired | 14831 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-03-10 | Option to purchase Common Stock, par value $0.0005 per share | $4.80 | A | 25000 | Acquired | 2019-03-09 | Common Stock (25000) | Direct |
| 2010-12-09 | Option to purchase Common Stock, par value $0.0005 per share | $4.80 | F | 25000 | Disposed | 2019-03-09 | Common Stock (25000) | Direct |
Footnotes
F1: Represents shares issued on December 9, 2010 upon the cashless exercise of an option to purchase 25,000 shares of Common Stock at an exercise price of $4.80 per share using a fair market value of the Issuer's stock of $11.80 on the date of exercise, December 6, 2010.
F2: Represents an option to purchase shares of Common Stock granted on March 10, 2009 to Mr. Li pursuant to the Registrant's 2007 Equity Incentive Plan. The option to purchase shares of Common Stock vests and becomes exercisable beginning on March 10, 2009.
F3: Represent the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $4.80 per share using a fair market value of $11.80 on the date of exercise, December 6, 2010.