GULF RESOURCES, INC. — Director's Dealing 2011

Mar 31, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GULF RESOURCES, INC. (GFRE)
CIK: 0000885462
Period of Report: 2011-03-29

Reporting Person: Li Min (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-29	Common Stock, par value $0.0005 per share	$4.97	A	400000	Acquired	2015-03-28	Common Stock (400000)	Direct

Footnotes

F1: Represents an option to purchase shares of Common Stock granted on March 29, 2011 to Mr. Li pursuant to the Registrant's 2007 Equity Incentive Plan. The option to purchase 200,000 shares of Common Stock vests and becomes exercisable beginning on March 29, 2011 and the option to purchase an additional 200,000 shares of Common Stock vests and becomes exercisable beginning on March 29, 2012.