R. Janet Whitmore - 29 Aug 2023 Form 4 Insider Report for NANOPHASE TECHNOLOGIES Corp (SLSN)

Role
Director
Signature
By Jess Jankowski under UPA for R. Janet Whitmore
Issuer symbol
SLSN
Transactions as of
29 Aug 2023
Net transactions value
+$2,500
Form type
4
Filing time
31 Aug 2023, 21:00:08 UTC
Previous filing
23 Jun 2023
Next filing
29 Dec 2023
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 $2,500 +2,500 +0.15% $1.00 1,645,312 29 Aug 2023 Direct
holding NANX Common Stock 1,642,812 29 Aug 2023 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 29 Aug 2023 Common Stock 20,030 Direct F1, F2, F3
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $0.9000 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $1.05 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $1.18 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $0.8400 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $1.85 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $1.10 Direct F4
holding NANX Common Stock (right to purchase) 2,000 29 Aug 2023 Common Stock 2,000 $0.9900 Direct F4
holding NANX Common Stock (right to purchase) 10,000 29 Aug 2023 Common Stock 10,000 $0.6800 Direct F5
holding NANX Common Stock (right to purchase) 10,000 29 Aug 2023 Common Stock 10,000 $0.8200 Direct F6
holding NANX Common Stock (right to purchase) 6,667 29 Aug 2023 Common Stock 6,667 $0.4500 Direct F6
holding NANX Common Stock (right to purchase) 20,000 29 Aug 2023 Common Stock 20,000 $4.17 Direct F5
holding NANX Common Stock (right to purchase) 20,000 29 Aug 2023 Common Stock 20,000 $1.16 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 a 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 Compensation 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. 2,000 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 Beginning on this date, subject to certain restrictions, the stock option vests in three equal annual installments.
F6 Subject to certain rights and restrictions, beginning on this date, options vest in three equal annual installments.