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Ascent Solar Technologies, Inc. Director's Dealing 2008

Mar 5, 2008

35368_dirs_2008-03-05_c6eb9eae-c91f-491b-9014-4e3e6e28e7f7.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: 2008-03-03

Reporting Person: Misra Mohan (Director, Chief Strategy Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-03-03 Common Stock S 2400 $14.50 Disposed 387600 Direct
2008-03-03 Common Stock S 100 $14.51 Disposed 387500 Direct
2008-03-03 Common Stock S 600 $14.52 Disposed 386900 Direct
2008-03-03 Common Stock S 300 $14.53 Disposed 386600 Direct
2008-03-03 Common Stock S 900 $14.54 Disposed 385700 Direct
2008-03-03 Common Stock S 600 $14.55 Disposed 385100 Direct
2008-03-03 Common Stock S 900 $14.56 Disposed 384200 Direct
2008-03-03 Common Stock S 700 $14.57 Disposed 383500 Direct
2008-03-03 Common Stock S 100 $14.58 Disposed 383400 Direct
2008-03-03 Common Stock S 600 $14.59 Disposed 382800 Direct
2008-03-03 Common Stock S 300 $14.62 Disposed 382500 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 830000 Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2007.

F2: Dr. Misra also holds vested options to purchase 25,000 shares of common stock that expire on November 18, 2015.

F3: Dr. Misra indirectly owns 830,000 shares held by ITN Energy Systems, Inc., which is 100% owned by Inica, Inc., a Colorado corporation that is wholly owned by Dr. Misra and an immediate family member.