R. Janet Whitmore - 27 Aug 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: 27 Aug 2024
Net transactions value: +$1,789
Form type: 4
Filing time: 03 Sep 2024, 16:05:04 UTC
Previous filing: 22 Aug 2024
Next filing: 05 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NANX	Common Stock	Purchase	$1,789	+1,177	+0.06%	$1.52	1,937,958	27 Aug 2024	Direct

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	27 Aug 2024	Common Stock	20,030		Direct	F1, F2, F3
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$0.9000	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$1.05	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$1.18	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$0.8400	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$1.85	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$1.10	Direct	F4
holding	NANX	Common Stock (right to purchase)						2,000	27 Aug 2024	Common Stock	2,000	$0.9900	Direct	F4
holding	NANX	Common Stock (right to purchase)						10,000	27 Aug 2024	Common Stock	10,000	$0.6800	Direct	F5
holding	NANX	Common Stock (right to purchase)						10,000	27 Aug 2024	Common Stock	10,000	$0.8200	Direct	F5
holding	NANX	Common Stock (right to purchase)						6,667	27 Aug 2024	Common Stock	6,667	$0.4500	Direct	F5
holding	NANX	Common Stock (right to purchase)						20,000	27 Aug 2024	Common Stock	20,000	$4.17	Direct	F5
holding	NANX	Common Stock (right to purchase)						20,000	27 Aug 2024	Common Stock	20,000	$1.16	Direct	F5
holding	NANX	Common Stock (right to purchase)						12,600	27 Aug 2024	Common Stock	12,600	$0.6100	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of deferred common stock represents the right to receive one share of common stock.
F2	The deferred common stock becomes payable upon the reporting person's termination of service as a director of the Company.
F3	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.
F4	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.
F5	Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.

Remarks:

This purchase was communicated on a timely basis to the Company by Ms. Whitmore. This filing was made two days late due to an internal oversight within the Company.