Crowdex Investment, LLC 4
4 · Ascent Solar Technologies, Inc. · Filed Mar 2, 2022
Insider Transaction Report
Form 4
Crowdex Investment, LLC
10% Owner
Transactions
- Conversion
Series 1A Preferred Stock, par value $0.0001
2022-02-01$0.50/sh−1,300$650→ 0 totalExercise: $0.50→ Common Stock, par value $0.0001 per share (2,600,000 underlying) - Conversion
Common Stock
2022-02-01$0.50/sh+2,600,000$1,300,000→ 5,545,042 total
Footnotes (5)
- [F1]This joint filing includes Mr. Bernd Fortsch who is the 100% indirect owner of Crowdex Investment, LLC.
- [F2]Conversion price is $0.50 per the stated value of the Series 1A Preferred Stock, which is $1,000 per share. The conversion price was adjusted to reflect a reverse stock split of the Issuer's common stock at a ratio of 1-5,000 on January 28, 2022 (the "Reverse Stock Split").
- [F3]Reflects the Reverse Stock Split.
- [F4]800 of the shares of Series 1A Preferred Stock were acquired, and became exercisable, on September 22, 2020, and 500 of the shares of Series 1A Preferred Stock were acquired, and became exercisable, on December 31, 2020.
- [F5]The Series 1A Preferred Stock has no expiration date.