Russell TW Fraser 4
4 · Ascent Solar Technologies, Inc. · Filed Apr 2, 2009
Insider Transaction Report
Form 4
Russell TW Fraser
Director
Transactions
- Exercise/Conversion
Common Stock
2009-03-31+3,058→ 23,666 total - Purchase
Restricted Stock Units
2009-03-31−3,058→ 9,174 total→ Common Stock (3,058 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The restricted stock units vest in the following amounts on the following dates: 25% on March 31, 2009; 25% on June 30, 2009; 25% on September 30, 2009; and 25% on December 31, 2009.
- [F3]Dr. Russell also holds vested options to purchase 8,000 shares of common stock that expire on November 18, 2015.