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SOLESENCE, INC. Director's Dealing 2012

Aug 9, 2012

33563_dirs_2012-08-09_faedcac5-d592-40b6-bb9c-970caf4d9876.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOPHASE TECHNOLOGIES CORPORATION (NANX)
CIK: 0000883107
Period of Report: 2012-07-20

Reporting Person: Murray Patrick G (VP Research & Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-07-20 Common Stock X 753 $0.33 Acquired 1503 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-07-20 Subscription Rights (right to buy) $0.33 X 750 Disposed 2012-07-20 Common Stock (256) Direct
2012-08-07 Common Stock (right to buy) $0.30 A 52000 Acquired 2022-08-07 Common Stock (52000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock (right to buy) $5.55 2014-10-11 Common Stock (3000) 3000 Direct
Common Stock (right to buy) $6.03 2015-09-27 Common Stock (3000) 3000 Direct
Common Stock (right to buy) $6.01 2016-09-27 Common Stock (9000) 9000 Direct
Common Stock (right to buy) $4.48 2017-11-06 Common Stock (9000) 9000 Direct
Common Stock (right to buy) $3.14 2018-05-12 Common Stock (16000) 16000 Direct
Common Stock (right to buy) $1.02 2019-05-04 Common Stock (30000) 30000 Direct
Common Stock (right to buy) $1.70 2020-05-03 Common Stock (27000) 27000 Direct
Common Stock (right to buy) $1.26 2021-05-02 Common Stock (43000) 43000 Direct

Footnotes

F1: 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, as well as additional shares under the oversubscription privilege.

F2: Subject to certain restrictions, beginning on this date, options vest in three equal annual installments.

F3: 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.