GULF RESOURCES, INC. — Director's Dealing 2019

May 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GULF RESOURCES, INC. (GURE)
CIK: 0000885462
Period of Report: 2019-05-17

Reporting Person: Zou Yang (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-17	Common Stock, par value $0.0005 per share	F	5195	$0.713	Acquired	5195	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-17	Common Stock, par value $0.0005 per share	$0.713	M	12500	Disposed	2021-12-02	Common Stock (12500)	Direct

Footnotes

F1: Represents shares issued upon the cashless exercise of an option to purchase 12,500 shares of Common Stock at an exercise price of $0.713 per share using a fair market value of the Issuer's stock of $1.22.

F2: Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $0.713 per share.