Ascent Solar Technologies, Inc. — Director's Dealing 2008

Jul 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2008-07-01

Reporting Person: Gallery Stanley (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-01	Common Stock	J	6111	—	Acquired	105011	Direct
2008-07-03	Common Stock	M	8000	$.1	Acquired	113017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-03	Common Stock Option (Right to Buy)	$.1	M	8000	Disposed	2015-11-18	Common Stock (8000)	Direct

Footnotes

F1: Represents an award of restricted stock. One half of this award vested immediately, one quarter of this award vests on September 30, 2008, and the remaining quarter of this award vests on December 31, 2008.

F2: Of the remaining unvested options in this grant, options to purchase 8,000 shares vest on December 31, 2008.

F3: Mr. Gallery holds unvested options to purchase 8,000 shares of common stock that expire on November 18, 2015.