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

Role
President, CEO, Director
Signature
Jess A. Jankowski
Stock symbol
NANX
Transactions as of
Jun 13, 2022
Transactions value $
-$60,855
Form type
4
Date filed
6/17/2022, 05:01 PM
Previous filing
Jun 13, 2022
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Options Exercise $2.34K +7.8K +13.22% $0.30* 66.8K Jun 13, 2022 Direct F1, F2
transaction NANX Common Stock Sale -$23.4K -7.8K -11.68% $3.00 59K Jun 13, 2022 Direct
transaction NANX Common Stock Options Exercise $3.75K +12.5K +21.16% $0.30* 71.5K Jun 15, 2022 Direct F2
transaction NANX Common Stock Sale -$37.5K -12.5K -17.47% $3.00 59K Jun 15, 2022 Direct
holding NANX Common Stock 1K Jun 13, 2022 Spouse's IRA
holding NANX Common Stock 59K Jun 13, 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 -$2.34K -7.8K -12.22% $0.30* 56K Jun 13, 2022 Common Stock 63.8K $0.30 Direct F2, F3
transaction NANX Common Stock (right to purchase) Options Exercise -$3.75K -12.5K -22.28% $0.30* 43.6K Jun 15, 2022 Common Stock 56K $0.30 Direct F2
holding NANX Common Stock (right to purchase) 90K Jun 13, 2022 Common Stock 90K $0.42 Direct F3
holding NANX Common Stock (right to purchase) 90K Jun 13, 2022 Common Stock 90K $0.52 Direct F4
holding NANX Common Stock (right to purchase) 81K Jun 13, 2022 Common Stock 81K $0.44 Direct F5
holding NANX Common Stock (right to purchase) 69K Jun 13, 2022 Common Stock 69K $0.42 Direct F5
holding NANX Common Stock (right to purchase) 81K Jun 13, 2022 Common Stock 81K $0.68 Direct F5
holding NANX Common Stock (right to purchase) 90K Jun 13, 2022 Common Stock 90K $0.82 Direct F3
holding NANX Common Stock (right to purchase) 16.5K Jun 13, 2022 Common Stock 16.5K $0.51 Direct F4
holding NANX Common Stock (right to purchase) 90K Jun 13, 2022 Common Stock 90K $0.45 Direct F4
holding NANX Common Stock (right to purchase) 90K Jun 13, 2022 Common Stock 90K $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.