Hong Kong Boone Group Ltd 4
4 · Ascent Solar Technologies, Inc. · Filed May 21, 2018
Insider Transaction Report
Form 4
Hong Kong Boone Group Ltd
10% Owner
Transactions
- Award
Common Stock
2018-05-07$0.00/sh+702,500,000$2,810,000→ 2,252,500,000 total
Footnotes (1)
- [F1]The reporting person acquired an aggregate of 2,810 shares of Series K Convertible Preferred Stock from the Company in several tranche closings occurring in late July, August and September, 2017, pursuant to the Series K Securities Purchase Agreement dated February 8, 2017, at a price of $1,000 per preferred share. On May 7, 2018, the reporting person converted all such 2,810 shares of Series K Convertible Preferred Stock into common stock at the applicable conversion price of $0.004 per share, which resulted in the reporting person receiving 702,500,000 shares of common stock upon such conversion. The reporting person does not own any Series K Preferred Stock following such conversion.