SOLESENCE, INC. — Director's Dealing 2012

Sep 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOPHASE TECHNOLOGIES CORPORATION (NANX)
CIK: 0000883107
Period of Report: 2012-09-12

Reporting Person: WHITMORE BRADFORD T (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-12	Common Stock	P	2421918	$0.33	Acquired	7904229	Direct
2012-09-12	Common Stock	S	2421918	$0.33	Disposed	2433300	Indirect

Footnotes

F1: As a result of the transaction reported herein, Bradford T. Whitmore directly owns 7,904,229 shares of Common Stock. Bradford T. Whitmore is also an indirect beneficial owner, as General Partner of Grace Brothers, Ltd. of 2,433,300 shares, and General Partner of Grace Investments, Ltd. of 601,410 shares.

F2: Bradford T. Whitmore purchased 2,421,918 from Grace Brothers, Ltd. in a private transaction.