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Ascent Solar Technologies, Inc. Director's Dealing 2008

Feb 21, 2008

35368_dirs_2008-02-20_5fccfe6d-de0f-4077-879c-9cf3632269f8.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: 2008-02-19

Reporting Person: Casteel Janet (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-19 Common Stock M 2428 $4.25 Acquired 19428 Direct
2008-02-19 Common Stock S 16 $16.55 Disposed 19412 Direct
2008-02-19 Common Stock S 31 $16.56 Disposed 19381 Direct
2008-02-19 Common Stock S 157 $16.59 Disposed 19224 Direct
2008-02-19 Common Stock S 79 $16.61 Disposed 19145 Direct
2008-02-19 Common Stock S 16 $16.62 Disposed 19129 Direct
2008-02-19 Common Stock S 79 $16.65 Disposed 19050 Direct
2008-02-19 Common Stock S 31 $16.66 Disposed 19019 Direct
2008-02-19 Common Stock S 16 $16.67 Disposed 19003 Direct
2008-02-19 Common Stock S 47 $16.69 Disposed 18956 Direct
2008-02-19 Common Stock S 63 $16.70 Disposed 18893 Direct
2008-02-19 Common Stock S 120 $16.71 Disposed 18773 Direct
2008-02-19 Common Stock S 37 $16.72 Disposed 18736 Direct
2008-02-19 Common Stock S 189 $16.73 Disposed 18547 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-19 Common Stock $4.25 M 2428 Disposed 2016-02-27 Common Stock (2428) Direct

Footnotes

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

F2: Of the remaing unvested options in this grant, options to purchase 3,572 shares vest on March 31, 2008 and September 30, 2008, and options to purchase 3,568 shares vest on March 31, 2009.

F3: Following this transaction, Ms. Casteel holds the following securities: vested options to purchase 9,431 that expire on February 27, 2016; vested options to purchase 7,000 shares of common stock that expire on November 18, 2015; unvested options to purchase 7,141 shares of common stock that expire on February 27, 2016; unvested options to purchase 6,000 shares of common stock that expire on November 18, 2015; and unvested options to purchase 7,500 shares of common stock that expire on December 3, 2017.