Jess Jankowski - 13 Jun 2022 Form 4 Insider Report for NANOPHASE TECHNOLOGIES Corp (SLSN)

Role
President, CEO, Director
Signature
Jess A. Jankowski
Issuer symbol
SLSN
Transactions as of
13 Jun 2022
Net transactions value
-$60,855
Form type
4
Filing time
17 Jun 2022, 17:01:40 UTC
Previous filing
13 Jun 2022
Next filing
22 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Options Exercise $2,340 +7,800 +13% $0.3000* 66,800 13 Jun 2022 Direct F1, F2
transaction NANX Common Stock Sale $23,400 -7,800 -12% $3.00 59,000 13 Jun 2022 Direct
transaction NANX Common Stock Options Exercise $3,746 +12,485 +21% $0.3000* 71,485 15 Jun 2022 Direct F2
transaction NANX Common Stock Sale $37,455 -12,485 -17% $3.00 59,000 15 Jun 2022 Direct
holding NANX Common Stock 1,000 13 Jun 2022 Spouse's IRA
holding NANX Common Stock 59,000 13 Jun 2022 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
transaction NANX Common Stock (right to purchase) Options Exercise $2,340 -7,800 -12% $0.3000* 56,045 13 Jun 2022 Common Stock 63,845 $0.3000 Direct F2, F3
transaction NANX Common Stock (right to purchase) Options Exercise $3,746 -12,485 -22% $0.3000* 43,560 15 Jun 2022 Common Stock 56,045 $0.3000 Direct F2
holding NANX Common Stock (right to purchase) 90,000 13 Jun 2022 Common Stock 90,000 $0.4150 Direct F3
holding NANX Common Stock (right to purchase) 90,000 13 Jun 2022 Common Stock 90,000 $0.5200 Direct F4
holding NANX Common Stock (right to purchase) 81,000 13 Jun 2022 Common Stock 81,000 $0.4400 Direct F5
holding NANX Common Stock (right to purchase) 69,000 13 Jun 2022 Common Stock 69,000 $0.4200 Direct F5
holding NANX Common Stock (right to purchase) 81,000 13 Jun 2022 Common Stock 81,000 $0.6800 Direct F5
holding NANX Common Stock (right to purchase) 90,000 13 Jun 2022 Common Stock 90,000 $0.8200 Direct F3
holding NANX Common Stock (right to purchase) 16,500 13 Jun 2022 Common Stock 16,500 $0.5100 Direct F4
holding NANX Common Stock (right to purchase) 90,000 13 Jun 2022 Common Stock 90,000 $0.4500 Direct F4
holding NANX Common Stock (right to purchase) 90,000 13 Jun 2022 Common Stock 90,000 $4.17 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was communicated to the reporting person on June 17th due to a clerical error.
F2 These options were set to expire on 08/07/2022. Under the Company's Policy on Insider Trading, all Nanophase employees will enter a blackout period on 06/25/2022, which will not end until three working days after the Company releases Q22022 earnings.
F3 Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.
F4 Subject to certain restrictions, beginning on this date, options vest in three equal installments.
F5 Subject to certain restrictions, beginning on this date, the options vest in three equal annual installments.

Remarks:

The June 13, 2022 transaction was not communicated to Mr. Jankowski until June 17th, due to a clerical error. This option grant is set to expire on 08/07/2022. Under the Company's Policy on Insider Trading, all Nanophase employees will enter a blackout period on 06/25/2022, which will not end until three working days after the Company releases Q22022 earnings. The maturity of these rights cannot be extended beyond the IRS statutory limit of ten years.