Min Li - Dec 20, 2023 Form 4 Insider Report for GULF RESOURCES, INC. (GURE)

Signature
/s/ Min Li
Stock symbol
GURE
Transactions as of
Dec 20, 2023
Transactions value $
-$275,000
Form type
4
Date filed
12/21/2023, 04:30 PM
Previous filing
Dec 1, 2022
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GURE Common Stock Sale -$275K -110K -85.86% $2.50 18.1K Dec 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 20, 2023, the Reporting Person and the third party individual entered into a private stock transaction agreement, pursuant to which the third party individual will purchase from the Reporting Person 110,000 restricted shares of common stock of the Company, par value $0.0005 per share, based on $2.5 per share. The closing of the transaction is expected to occur in January 2024 and subject to customary closing conditions.