- Statement of Changes in Beneficial Ownership (4)
December 17 2010 - 4:05PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Expires:
February 28, 2011
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Li Min
|
2. Issuer Name
and
Ticker or Trading Symbol
GULF RESOURCES, INC.
[
GFRE
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chief Financial Officer
|
(Last)
(First)
(Middle)
C/O GULF RESOURCES, INC., 99 WENCHANG RD, CHENMING INDUSTRIAL PARK
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/10/2009
|
(Street)
SHOUGUANG CITY, SHANDONG, F4 262714
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock, par value $0.0005 per share
|
12/9/2010
|
|
C
|
|
14831
(1)
|
A
|
$4.80
|
14831
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Option to purchase Common Stock, par value $0.0005 per share
|
$4.80
|
3/10/2009
|
|
A
|
|
25000
|
|
(2)
|
3/9/2019
|
Common Stock
|
25000
|
$0
|
25000
|
D
|
|
Option to purchase Common Stock, par value $0.0005 per share
|
$4.80
|
12/9/2010
|
|
F
|
|
|
25000
(3)
|
3/10/2009
|
3/9/2019
|
Common Stock
|
25000
|
$0
|
0
|
D
|
|
Explanation of Responses:
|
(
1)
|
Represents shares issued on December 9, 2010 upon the cashless exercise of an option to purchase 25,000 shares of Common Stock at an exercise price of $4.80 per share using a fair market value of the Issuer's stock of $11.80 on the date of exercise, December 6, 2010.
|
(
2)
|
Represents an option to purchase shares of Common Stock granted on March 10, 2009 to Mr. Li pursuant to the Registrant's 2007 Equity Incentive Plan. The option to purchase shares of Common Stock vests and becomes exercisable beginning on March 10, 2009.
|
(
3)
|
Represent the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $4.80 per share using a fair market value of $11.80 on the date of exercise, December 6, 2010.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Li Min
C/O GULF RESOURCES, INC., 99 WENCHANG RD
CHENMING INDUSTRIAL PARK
SHOUGUANG CITY, SHANDONG, F4 262714
|
|
|
Chief Financial Officer
|
|
Signatures
|
/s/ Min Li
|
|
12/16/2010
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Gulf Resources, Inc. (MM) (NASDAQ:GFRE)
Historical Stock Chart
From Sep 2024 to Oct 2024
Gulf Resources, Inc. (MM) (NASDAQ:GFRE)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Gulf Resources, Inc. (MM) (NASDAQ): 0 recent articles
More News Articles