GULF RESOURCES, INC. 4
4 · GULF RESOURCES, INC. · Filed Jun 11, 2015
Insider Transaction Report
Form 4
Zhang Tengfei
Director
Transactions
- Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.22/sh+5,870$7,161→ 5,870 total - Tax Payment
Common Stock, par value $0.0005 per shar
2015-06-09−12,500→ 12,500 totalExercise: $1.17From: 2013-07-02Exp: 2016-07-01→ Common Stock (12,500 underlying) - Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.17/sh+6,142$7,186→ 12,012 total - Tax Payment
Common Stock, par value $0.0005 per share
2015-06-09−12,500→ 25,000 totalExercise: $1.22From: 2012-07-02Exp: 2015-07-01→ 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 $1.22 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 $1.17 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 $1.22 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 $1.16 per share using a fair market value of $2.3 on June 8, 2015.