4//SEC Filing
PEARLMAN JERRY K 4
Accession 0001209191-12-040864
CIK 0000883107other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 9:33 AM ET
Size
17.7 KB
Accession
0001209191-12-040864
Insider Transaction Report
Form 4
PEARLMAN JERRY K
Director
Transactions
- Exercise of In-Money
Common Stock
2012-07-12$0.33/sh+10,926$3,606→ 42,874 total - Award
Stock Option (right to buy)
2012-08-07$0.30/sh+10,000$3,000→ 10,000 totalExercise: $0.30From: 2015-08-07Exp: 2022-08-07→ Common Stock (10,000 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2012-07-12−31,948→ 0 totalExercise: $0.33From: 2012-06-13Exp: 2012-07-20→ Common Stock (10,926 underlying)
Holdings
- 2,000
Stock Option (right to buy)
Exercise: $5.07From: 2004-06-26Exp: 2013-06-26→ Common Stock (2,000 underlying) - 20,030
Deferred Common Stock
→ Common Stock (2,000 underlying) - 2,000
Stock Option (right to buy)
Exercise: $3.78From: 2003-11-25Exp: 2012-11-25→ Common Stock (2,000 underlying) - 10,000
Stock Option (right to buy)
Exercise: $1.36From: 2014-01-31Exp: 2021-01-31→ Common Stock (10,000 underlying) - 14,000
Stock Appreciation Right
Exercise: $0.99→ Common Stock (2,000 underlying)
Footnotes (8)
- [F1]The shares were purchased upon exercise of subscription rights issued pro rata to holders of the issuer's common stock (the "Common Stock") as of the close of business on June 13, 2012 (the "Record Date"), to purchase 0.342 shares of Common Stock for each one share of Common Stock owned as of the close of business on the Record Date at a subscription price of $0.33 per full share under the basic subscription privilege of the issuer's rights offering.
- [F2]The shares of Common Stock were issued to the reporting person shortly after the July 20, 2012 expiration of the rights offering.
- [F3]Subject to certain rights and restrictions, beginning on this date, options vest in three equal annual installments.
- [F4]Each share of deferred common stock represents a right to receive one share of common stock.
- [F5]The deferred common stock becomes payable upon the reporting person's termination of service as a director of the Company.
- [F6]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.
- [F7]The stock appreciation right becomes payable upon the reporting person's termination of service as a director of the Company. 2,000 were issued 4/8/2009 at a conversion price of $0.90, 2,000 were issued 7/1/2009 at a conversion price of $1.05, 2,000 were issued 10/1/2009 at a conversion price of $1.18, 2,000 were issued 1/4/2010 at a conversion price of $0.84, 2,000 were issued 4/1/2010 at a conversion price of $1.85, 2,000 were issued 7/1/2010 at a conversion price of $1.10, and 2,000 were issued 10/1/2010 at a conversion price of $0.99.
- [F8]The reporting person exercised subscription rights issued pro rata to holders of Common Stock as of the close of business on the Record Date, to purchase 0.342 shares of Common Stock for each one share of Common Stock owned as of the close of business on the Record Date at a subscription price of $0.33 per full share under the basic subscription privilege of the issuer's rights offering.
Documents
Issuer
NANOPHASE TECHNOLOGIES CORPORATION
CIK 0000883107
Entity typeother
IncorporatedIL
Related Parties
1- filerCIK 0001074385
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 9:33 AM ET
- Size
- 17.7 KB