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Ascent Solar Technologies, Inc. Director's Dealing 2008

Dec 5, 2008

35368_dirs_2008-12-04_3edc20b1-320a-49f0-83f9-e59f56587294.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2008-12-02

Reporting Person: Misra Mohan (Director, Interim Pres. & CEO, CSO, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-12-02 Common Stock Option (Right to Buy) $3.17 A 80000 Acquired 2018-12-02 Common Stock (80000) Direct

Footnotes

F1: The options vest in the following amounts on the following dates: 20,000 on January 1, 2009; 20,000 on January 1, 2010; 20,000 on January 1, 2011; and 20,000 on January 1, 2012.

F2: Dr. Misra also directly holds the following securities: 380,000 shares of common stock; and vested options to purchase 25,000 shares of common stock that expire on November 18, 2015. Dr. Misra indirectly holds 806,000 shares of common stock held by ITN Energy Systems, Inc., which is wholly owned by Inica, Inc., a Colorado corporation that is owned by Dr. Misra and an immediate family member.