R. Janet Whitmore - 15 May 2024 Form 4 Insider Report for NANOPHASE TECHNOLOGIES Corp (SLSN)

Role
Director
Signature
/s/ Jess Jankowski under UPA for R. Janet Whitmore
Issuer symbol
SLSN
Transactions as of
15 May 2024
Net transactions value
+$11,490
Form type
4
Filing time
17 May 2024, 16:12:51 UTC
Previous filing
13 May 2024
Next filing
21 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Purchase $2,278 +1,663 +0.1% $1.37 1,652,275 15 May 2024 Direct F1, F2
transaction NANX Common Stock Purchase $9,212 +6,900 +0.42% $1.34 1,659,175 16 May 2024 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NANX Deferred Common Stock 20,030 15 May 2024 Common Stock 20,030 Direct F5, F6, F7
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $0.9000 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $1.05 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $1.18 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $0.8400 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $1.85 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $1.10 Direct F8
holding NANX Common Stock (right to purchase) 2,000 15 May 2024 Common Stock 2,000 $0.9900 Direct F8
holding NANX Common Stock (right to purchase) 10,000 15 May 2024 Common Stock 10,000 $0.6800 Direct F9
holding NANX Common Stock (right to purchase) 10,000 15 May 2024 Common Stock 10,000 $0.8200 Direct F9
holding NANX Common Stock (right to purchase) 6,667 15 May 2024 Common Stock 6,667 $0.4500 Direct F9
holding NANX Common Stock (right to purchase) 20,000 15 May 2024 Common Stock 20,000 $4.17 Direct F9
holding NANX Common Stock (right to purchase) 20,000 15 May 2024 Common Stock 20,000 $1.16 Direct F9
holding NANX Common Stock (right to purchase) 12,600 15 May 2024 Common Stock 12,600 $0.6100 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were accumulated through four smaller trades.
F2 This price represents the average price of the four combined trades on this day.
F3 These shares were accumulated through eleven smaller trades.
F4 This price represents the average price of the feleven combined trades on this day.
F5 Each share of deferred common stock represents the right to receive one share of common stock.
F6 The deferred common stock becomes payable upon the reporting person's termination of service as a director of the Company.
F7 Pursuant to such plan, the reporting person elected to defer receipt of such shares and receive a cumulative total of 20,030 shares of deferred common stock which will all be accounted for under the Company's Non-Employee Director Deferred Compensaion Plan.
F8 The stock appreciation rights payable upon the reporting person's termination of service as a director of the Company were terminated, with stock options issued at identical exercise prices to the conversion prices of the respective stock appreciation rights. Two-thousand shares were issued with an exercise price of $0.90, 2,000 were issued with an exercise price of $1.05, 2,000 were issued with an exercise price of $1.18, 2,000 were issued with an exercise price of $0.84, 2,000 were issued with an exercise price of $1.85. 2,000 were issued with an exercise price of $1.10, and 2,000 were issued with an exercise price of $0.99.
F9 Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.