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Ascent Solar Technologies, Inc. Director's Dealing 2008

Dec 5, 2008

35368_dirs_2008-12-04_034eb39f-cf98-47b5-985f-c92fc3c6e921.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: Armstrong Joseph H (Vice President and CTO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-02 Common Stock Option (Right to Buy) $3.17 A 10000 Acquired 2018-12-02 Common Stock (10000) Direct

Footnotes

F1: The options vest in the following amounts on the following dates: 2,500 on January 1, 2009; 2,500 on January 1, 2010; 2,500 on January 1, 2011; and 2,500 on January 1, 2012.

F2: Dr. Armstrong also holds the following securities: 47,333 shares of common stock; vested options to purchase 14,432 shares of common stock that expire February 27, 2016; vested options (or options that will vest within 60 days) to purchase 9,000 shares of common stock that expire November 18, 2015; vested options to purchase 2,500 shares of common stock that expire on December 3, 2017; unvested options to purchase 3,568 shares of common stock that expire February 27, 2016; and unvested options to purchase 2,500 shares of common stock that expire on December 3, 2017.