4//SEC Filing
Warley Paul P. 4
Accession 0001079973-22-001544
CIK 0001350102other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:05 PM ET
Size
5.8 KB
Accession
0001079973-22-001544
Insider Transaction Report
Form 4
Warley Paul P.
Chief Financial Officer
Transactions
- Award
Common Stock
2022-12-12+700,000→ 700,000 total
Footnotes (2)
- [F1]The shares reported are restricted stock units ("RSUs") granted 12/12/2022. Each RSU represents a contingent right to receive one share of ASTI common stock.
- [F2]20% of the RSUs are fully vested upon grant. The remaining 80% of the RSUs shall vest in equal monthly increments over the next thirty-six months. Any outstanding and unvested RSUs will accelerate and fully vest upon the earlier of (i) a change of control and (ii) the termination of the reporting person's employment for any reason other than (x) by the Company for cause or (y) by the reporting person without good reason. The RSUs shall be settled in eight (8) equal increments on the last business day of each calendar quarter beginning with the initial settlement date of December 31, 2024. Notwithstanding the foregoing, any RSUs that are then outstanding and vested will accelerate and be settled upon the earlier of (i) a change of control and (ii) the termination of Mr. Warley's employment for any reason other than (x) by the Company for cause or (y) by Mr. Warley without good reason.
Documents
Issuer
Ascent Solar Technologies, Inc.
CIK 0001350102
Entity typeother
Related Parties
1- filerCIK 0001957757
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 4:05 PM ET
- Size
- 5.8 KB