Russell TW Fraser 4
4 · Ascent Solar Technologies, Inc. · Filed Jul 2, 2009
Insider Transaction Report
Form 4
Russell TW Fraser
Director
Transactions
- Sale
Common Stock
2009-07-01$7.86/sh−1,529$12,018→ 23,666 total - Exercise/Conversion
Common Stock
2009-06-30+3,058→ 25,195 total - Exercise/Conversion
Restricted Stock Units
2009-06-30−3,058→ 6,116 total→ Common Stock (3,058 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Dr. Russell on February 19, 2009.
- [F3]The remaining restricted stock units vest in the following amounts on the following dates: 25% on September 30, 2009; and 25% on December 31, 2009.
- [F4]Dr. Russell also holds vested options to purchase 8,000 shares of common stock that expire November 18, 2015.