Jess Jankowski - Jun 17, 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 17, 2022
Transactions value $
-$123,367
Form type
4
Date filed
6/22/2022, 06:43 PM
Previous filing
Jun 17, 2022
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Options Exercise $7.5K +25K +42.37% $0.30* 84K Jun 17, 2022 Direct F1
transaction NANX Common Stock Sale -$71.5K -25K -29.76% $2.86 59K Jun 17, 2022 Direct
transaction NANX Common Stock Options Exercise $2.7K +9K +15.25% $0.30* 68K Jun 21, 2022 Direct F1
transaction NANX Common Stock Sale -$25.3K -9K -13.24% $2.81 59K Jun 21, 2022 Direct
transaction NANX Common Stock Options Exercise $2.87K +9.56K +16.2% $0.30* 68.6K Jun 22, 2022 Direct F1
transaction NANX Common Stock Sale -$26.6K -9.56K -13.94% $2.78 59K Jun 22, 2022 Direct
holding NANX Common Stock 1K Jun 17, 2022 Spouse's IRA
holding NANX Common Stock 59K Jun 17, 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 -$7.5K -25K -57.39% $0.30* 18.6K Jun 17, 2022 Common Stock 43.6K $0.30 Direct F1
transaction NANX Common Stock (right to purchase) Options Exercise -$2.7K -9K -48.49% $0.30* 9.56K Jun 21, 2022 Common Stock 18.6K $0.30 Direct F1
transaction NANX Common Stock (right to purchase) Options Exercise -$2.87K -9.56K -100% $0.30* 0 Jun 22, 2022 Common Stock 9.56K $0.30 Direct F1
holding NANX Common Stock (right to purchase) 90K Jun 17, 2022 Common Stock 90K $0.42 Direct F2
holding NANX Common Stock (right to purchase) 90K Jun 17, 2022 Common Stock 90K $0.52 Direct F3
holding NANX Common Stock (right to purchase) 81K Jun 17, 2022 Common Stock 81K $0.44 Direct F4
holding NANX Common Stock (right to purchase) 69K Jun 17, 2022 Common Stock 69K $0.42 Direct F4
holding NANX Common Stock (right to purchase) 81K Jun 17, 2022 Common Stock 81K $0.68 Direct F4
holding NANX Common Stock (right to purchase) 90K Jun 17, 2022 Common Stock 90K $0.82 Direct F2
holding NANX Common Stock (right to purchase) 16.5K Jun 17, 2022 Common Stock 16.5K $0.51 Direct F3
holding NANX Common Stock (right to purchase) 90K Jun 17, 2022 Common Stock 90K $0.45 Direct F3
holding NANX Common Stock (right to purchase) 90K Jun 17, 2022 Common Stock 90K $4.17 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.
F3 Subject to certain restrictions, beginning on this date, options vest in three equal installments.
F4 Subject to certain restrictions, beginning on this date, the options vest in three equal annual installments.

Remarks:

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.