Home/Filings/4/0001209191-16-122748
4//SEC Filing

Ascent Solar Technologies, Inc. 4

Accession 0001209191-16-122748

$ASTICIK 0001350102operating

Filed

May 22, 8:00 PM ET

Accepted

May 23, 7:53 PM ET

Size

8.0 KB

Accession

0001209191-16-122748

Insider Transaction Report

Form 4
Period: 2016-05-19
BIAO XU
Director
Transactions
  • Award

    Common Stock

    2016-05-19+1,000,0001,000,000 total
Holdings
  • Common Stock Option (Right to Buy)

    Exercise: $1.01From: 2015-02-11Exp: 2025-02-11Common Stock (100,000 underlying)
    100,000
  • Common Stock Option (Right to Buy)

    Exercise: $0.06From: 2016-03-10Exp: 2026-03-10Common Stock (100,000 underlying)
    200,000
Footnotes (2)
  • [F1]Mr. Xu was granted 1,000,000 restricted stock units on March 10, 2016, subject to and contingent upon receipt of stockholder approval in accordance with Sections 9 and 10 of the Issuer's Restricted Stock Plan. The stockholders approved the restricted stock unit grant on May 19, 2016. Each unit represents a contingent right to receive one share of common stock of the Issuer. Restricted stock units vest as follows: 50% on September 10, 2016 and 50% on March 10, 2017.
  • [F2]Does not include shares held by TFG Radiant Investment Group Ltd. ("TFG Radiant"), which is the Issuer's largest stockholder. Mr. Xu is an investor in TFG Radiant and disclaims beneficial ownership of shares held by TFG Radiant (except to the extent of his pecuniary interest therein).

Issuer

Ascent Solar Technologies, Inc.

CIK 0001350102

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001350102

Filing Metadata

Form type
4
Filed
May 22, 8:00 PM ET
Accepted
May 23, 7:53 PM ET
Size
8.0 KB