Xiaobin Liu - 30 Nov 2022 Form 4 Insider Report for GULF RESOURCES, INC. (GURE)

Signature
/s/ Xiaobin Liu
Issuer symbol
GURE
Transactions as of
30 Nov 2022
Net transactions value
$0
Form type
4
Filing time
01 Dec 2022, 15:32:52 UTC
Previous filing
11 Oct 2022
Next filing
21 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GURE Common Stock Sale -80,000 -38% 128,115 30 Nov 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 30, 2022, the Reporting Person and the Company entered into a stock repurchase agreement, pursuant to which the Company will repurchase from the Reporting Person 80,000 restricted shares of common stock of the Company, par value $0.0005 per share, based on $3.5931 per share, the closing price of the Company of November 30,2022 as reported by NASDAQ. The closing of the repurchase is expected to occur in December 2022 and subject to customary closing conditions.