GULF RESOURCES, INC. 4
4 · GULF RESOURCES, INC. · Filed Jun 11, 2015
Insider Transaction Report
Form 4
GULF RESOURCES, INC.GFRE)
Zou Yang
Director
Transactions
- Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.12/sh+6,414$7,184→ 6,414 total - Tax Payment
Common Stock, par value $0.0005 per share
2015-06-09−12,500→ 25,000 totalExercise: $1.12From: 2013-03-02Exp: 2016-03-01→ Common Stock (12,500 underlying) - Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.66/sh+3,479$5,775→ 9,893 total - Tax Payment
Common Stock, par value $0.0005 per shar
2015-06-09−12,500→ 12,500 totalExercise: $1.66From: 2015-02-02Exp: 2018-03-01→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Represents shares issued on June 9, 2015 upon the cashless exercise of an option to purchase 12,500 shares of Common Stock at an exercise price of $1.12 per share using a fair market value of the Issuer's stock of $2.3 on June 8, 2015; Represents shares issued on June 9, 2015 upon the cashless exercise of an option to purchase 12,500 shares of Common Stock at an exercise price of $1.66 per share using a fair market value of the Issuer's stock of $2.3 on June 8, 2015
- [F2]Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $1.12 per share using a fair market value of $2.3 on June 8, 2015; Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $1.66 per share using a fair market value of $2.3 on June 8, 2015.