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

Mar 25, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2008-03-24

Reporting Person: Gallery Stanley (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-24	Common Stock	M	16000	$.10	Acquired	98900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-24	Common Stock Option (Right to Buy)	$.10	M	16000	Disposed	2015-11-18	Common Stock (16000)	Direct

Footnotes

F1: Of the remaing unvested options in this grant, options to purchase 8,000 shares vest on December 31, 2008.

F2: Mr. Gallery also holds unvested options to purchase 8,000 shares of common stock that expire on November 18, 2015.