GULF RESOURCES, INC. 4
4 · GULF RESOURCES, INC. · Filed Sep 21, 2016
Insider Transaction Report
Form 4
Liu Xiaobin
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.0005 per share
2016-09-20$1.43/sh+100,000$142,800→ 258,160 total - Tax Payment
Common Stock, par value $0.0005 per share
2016-09-20$2.31/sh−61,818$142,800→ 196,342 total - Exercise/Conversion
Common Stock, par value $0.0005 per share
2016-09-20−100,000→ 0 totalExercise: $1.43From: 2015-04-08Exp: 2019-04-07→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Represents shares issued upon the cashless exercise of an option to purchase 100,000 shares of Common Stock at an exercise price of $1.428 per share using a fair market value of the Issuer's stock of $2.31.
- [F2]Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $1.428 per share.