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

Signature
/s/ Xiaobin Liu
Issuer symbol
GURE
Transactions as of
20 Dec 2023
Net transactions value
-$275,000
Form type
4
Filing time
21 Dec 2023, 16:30:43 UTC
Previous filing
01 Dec 2022
Next filing
28 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GURE Common Stock Sale $275,000 -110,000 -86% $2.50 18,115 20 Dec 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.