4//SEC Filing
Nath Prem 4
Accession 0001179110-09-011401
CIK 0001350102other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 4:33 PM ET
Size
7.1 KB
Accession
0001179110-09-011401
Insider Transaction Report
Form 4
Nath Prem
Sr Vice Pres of Manufacturing
Transactions
- Award
Restricted Stock Units
2009-07-31+70,000→ 70,000 totalFrom: 2009-12-31→ Common Stock (70,000 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 ("RSUs") shall vest according the following schedule: Up to 15,000 of the RSUs shall vest on December 31, 2009; up to another 15,000 of the RSUs shall vest on July 31, 2010; up to another 20,000 of the RSUs shall vest on December 31, 2010; and up to another 20,000 of the RSUs shall vest on July 31, 2011. In each case and for each vesting date, the number of RSUs vested will be determined by the Issuer's Board of Director in its discretion upon evaluation of the the reporting person's performance during the period from the immediately preceding vesting date until the vesting date triggering the evaluation relative to performance criteria to be jointly developed by the reporting person and the Issuer.
- [F3]The reporting person also holds the following derivative securities: vested options to purchase 66,667 shares of common stock that expire on July 31, 2016; vested options to purchase 6,000 shares of common stock that expire on December 3, 2017; vested options to purchase 25,000 shares of common stock that expire on December 2, 2018; and unvested options to purchase 6,000 shares of common stock that expire on December 3, 2017; and unvested options to purchase 75,000 shares of common stock that expire on December 2, 2018.
Documents
Issuer
Ascent Solar Technologies, Inc.
CIK 0001350102
Entity typeother
Related Parties
1- filerCIK 0001371486
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 4:33 PM ET
- Size
- 7.1 KB