Kevin Cureton - Nov 26, 2021 Form 4 Insider Report for NANOPHASE TECHNOLOGIES Corp (NANX)

Role
Chief Operating Officer
Signature
/s/ Jess Jankowski under UPA for Kevin Cureton
Stock symbol
NANX
Transactions as of
Nov 26, 2021
Transactions value $
-$134,436
Form type
4
Date filed
11/30/2021, 07:09 PM
Previous filing
Nov 24, 2021
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NANX Common Stock Options Exercise $6.56K +12.6K +49.15% $0.52 38.3K Nov 26, 2021 Direct
transaction NANX Common Stock Sale -$44.1K -12.6K -32.95% $3.50 25.7K Nov 26, 2021 Direct
transaction NANX Common Stock Options Exercise $9.96K +24K +93.57% $0.42 49.7K Nov 30, 2021 Direct
transaction NANX Common Stock Options Exercise $13K +25K +50.35% $0.52 74.7K Nov 30, 2021 Direct
transaction NANX Common Stock Sale -$90.3K -23.8K -31.92% $3.79 50.8K Nov 30, 2021 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 -$9.96K -24K -100% $0.42 0 Nov 30, 2021 Common Stock 24K $0.42 Direct F1, F2
transaction NANX Common Stock Options Exercise -$6.56K -12.6K -100% $0.52 0 Nov 26, 2021 Common Stock 12.6K $0.52 Direct F2, F3
transaction NANX Common Stock (right to purchase) Options Exercise -$13K -25K -50% $0.52 25K Nov 30, 2021 Common Stock 50K $0.52 Direct F2, F4
holding NANX Common Stock (right to purchase) 50K Nov 26, 2021 Common Stock 50K $0.44 Direct F2
holding NANX Common Stock (right to purchase) 43.5K Nov 26, 2021 Common Stock 43.5K $0.42 Direct F2
holding NANX Common Stock (right to purchase) 50K Nov 26, 2021 Common Stock 50K $0.68 Direct F2
holding NANX Common Stock (right to purchase) 80K Nov 26, 2021 Common Stock 80K $0.82 Direct F2
holding NANX Common Stock (right to purchase) 16.5K Nov 26, 2021 Common Stock 16.5K $0.51 Direct F2
holding NANX Common Stock (right to purchase) 90K Nov 26, 2021 Common Stock 90K $0.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following recently reported exercises of 11,668 (11/22/21) and 12,332 (11/24/21) shares, this line item represents the 3rd exercise, of 24,000 shares of the total initial grant of 48,000 shares, leaving a balance of 0 shares remaining relating to this grant.
F2 Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.
F3 Following the recently reported exercise of 12,393 shares (11/24/21), this line item represents the 2nd exercise, of 12,607 shares of a total initial grant of 75,000 shares, leaving a balance of 50,000 shares remaining relating to this grant, prior to the 11/30/21 exercise reported below.
F4 Following the recently reported exercise of 12,393 shares (11/24/21), and the 2nd exercise of 12,607 shares (11/26/21, reported above) this line item represents the 3rd exercise, of 25,000 shares of the total initial grant of 75,000 shares, leaving a balance of 25,000 shares remaining relating to this grant.