GULF RESOURCES, INC. 4
4 · GULF RESOURCES, INC. · Filed Jun 11, 2015
Insider Transaction Report
Form 4
Li Nan
Director
Transactions
- Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.39/sh+4,946$6,875→ 10,001 total - Conversion
Common Stock, par value $0.0005 per share
2015-06-09$1.37/sh+5,055$6,925→ 5,055 total - Tax Payment
Common Stock, par value $0.0005 per share
2015-06-09−12,500→ 25,000 totalExercise: $1.37From: 2012-11-08Exp: 2015-11-11→ Common Stock (12,500 underlying) - Tax Payment
Common Stock, par value $0.0005 per share
2015-06-09−12,500→ 12,500 totalExercise: $1.39From: 2014-11-10Exp: 2017-11-09→ 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 $1.37 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 $1.39 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 $1.37 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 $1.39 per share using a fair market value of $2.3 on June 8, 2015.