R. Janet Whitmore - Sep 23, 2024 Form 4 Insider Report for NANOPHASE TECHNOLOGIES Corp (NANX)

Role
Director
Signature
/s/ Jess Jankowski under UPA for R. Janet Whitmore
Stock symbol
NANX
Transactions as of
Sep 23, 2024
Transactions value $
$79,551
Form type
4
Date filed
9/25/2024, 04:00 PM
Previous filing
Sep 23, 2024
Next filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Purchase $41.3K +26K +1.33% $1.59 1.98M Sep 23, 2024 Direct F1
transaction NANX Common Stock Purchase $37K +23.2K +1.17% $1.60 2M Sep 24, 2024 Direct F2
transaction NANX Common Stock Purchase $318 +200 +0.01% $1.59 2M Sep 24, 2024 Direct
transaction NANX Common Stock Purchase $853 +550 +0.03% $1.55 2M Sep 24, 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 20K Sep 23, 2024 Common Stock 20K Direct F3, F4, F5
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $0.90 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $1.05 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $1.18 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $0.84 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $1.85 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $1.10 Direct F6
holding NANX Common Stock (right to purchase) 2K Sep 23, 2024 Common Stock 2K $0.99 Direct F6
holding NANX Common Stock (right to purchase) 10K Sep 23, 2024 Common Stock 10K $0.68 Direct F7
holding NANX Common Stock (right to purchase) 10K Sep 23, 2024 Common Stock 10K $0.82 Direct F7
holding NANX Common Stock (right to purchase) 6.67K Sep 23, 2024 Common Stock 6.67K $0.45 Direct F7
holding NANX Common Stock (right to purchase) 20K Sep 23, 2024 Common Stock 20K $4.17 Direct F7
holding NANX Common Stock (right to purchase) 20K Sep 23, 2024 Common Stock 20K $1.17 Direct F7
holding NANX Common Stock (right to purchase) 12.6K Sep 23, 2024 Common Stock 12.6K $0.61 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The purchase of these 26,000 shares was made through 10 trades, all at $1.59/share. The trades were made throughout the day, with the smallest purchases (3 different transactions) being 100 shares and the largest being 6,000 shares. The average purchased amount among these transactions was 2,600 shares.
F2 The purchase of these 23,150 shares was made through 3 trades, all at $1.60/share. The trades amounted to 3,000, 20,050, and 100 shares, respectively.
F3 Each share of deferred common stock represents the right to receive one share of common stock.
F4 The deferred common stock becomes payable upon the reporting person's termination of service as a director of the Company.
F5 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.
F6 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.
F7 Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.