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

Role: Chief Financial Officer
Signature: /s/ Min Li
Stock symbol: GURE
Transactions as of: Nov 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/1/2022, 03:33 PM
Previous filing: Oct 11, 2022
Next filing: Dec 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GURE	Common Stock	Sale		-80K	-38.44%		128K	Nov 30, 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.

Content

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.