0001209191-12-038225.txt : 20120717
0001209191-12-038225.hdr.sgml : 20120717
20120717102355
ACCESSION NUMBER: 0001209191-12-038225
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120713
FILED AS OF DATE: 20120717
DATE AS OF CHANGE: 20120717
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WHITMORE R JANET
CENTRAL INDEX KEY: 0001173970
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22333
FILM NUMBER: 12964900
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NANOPHASE TECHNOLOGIES CORPORATION
CENTRAL INDEX KEY: 0000883107
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390]
IRS NUMBER: 363687863
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 453 COMMERCE ST
CITY: BURR RIDGE
STATE: IL
ZIP: 60521
BUSINESS PHONE: 6303231200
MAIL ADDRESS:
STREET 1: 453 COMMERCE STREET
CITY: BURR RIDGE
STATE: IL
ZIP: 60521
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2012-07-13
0
0000883107
NANOPHASE TECHNOLOGIES CORPORATION
NANX
0001173970
WHITMORE R JANET
1319 MARQUETTE DRIVE
ROMEOVILLE
IL
60446
1
0
0
0
Common Stock
2012-07-13
4
X
0
5574
0.33
A
21874
I
By Daughter
Common Stock
2012-07-13
4
X
0
52605
0.33
A
210596
D
Stock Option (right to buy)
5.55
2004-11-24
2013-11-24
Common Stock
10000
10000
D
Stock Option (right to buy)
1.36
2014-01-31
2021-01-31
Common Stock
10000
10000
D
Deferred Common Stock
Common Stock
2000
20030
D
Stock Appreciation Right
0.99
Common Stock
2000
14000
D
Subscription Rights (right to buy)
0.33
2012-07-13
4
X
0
16300
0.00
D
2012-06-13
2012-07-20
Common Stock
5574
0
I
Daughter
Subscription Rights (right to buy)
0.33
2012-07-13
4
X
0
153816
0.00
D
2012-06-13
2012-07-20
Common Stock
52605
0
D
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. The reporting person also exercised her over-subscription privilege under the rights offering, seeking up to 22,296 additional shares of Common Stock at the same $0.33 price. The number of shares of Common Stock purchased by the reporting person pursuant to the exercise of her over-subscription privilege will be subject to availability and the pro rata allocation of shares among persons exercising this over-subscription privilege and will be determined subsequent to the expiration date of the rights offering.
The shares of Common Stock will be issued to the reporting person upon the expiration of the rights offering.
The reporting person previously reported 1,825 shares as Direct when they were Jointly held and thus are now shown as Indirect. No impact upon the total shares reported by this reporting person.
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. The reporting person also exercised her over-subscription privilege under the rights offering, seeking up to 210,420 additional shares of Common Stock at the same $0.33 price. The number of shares of Common Stock purchased by the reporting person pursuant to the exercise of her over-subscription privilege will be subject to availability and the pro rata allocation of shares among persons exercising this over-subscription privilege and will be determined subsequent to the expiration date of the rights offering.
Subject to certain rights and restrictions, beginning on this date, options vest in three equal annual installments.
Each share of deferred common stock represents a right to receive one share of common stock.
The deferred common stock becomes payable upon the reporting person's termination of service as a director of the Company.
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.
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.
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.
By Jess Jankowski under UPA for R. Janet Whitmore
2012-07-17