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Ascent Solar Technologies, Inc. Director's Dealing 2008

Feb 8, 2008

35368_dirs_2008-02-08_2539b313-d8a0-4b26-bf86-fdd596ea8eb0.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: 2008-02-07

Reporting Person: Armstrong Joseph H (Vice President and CTO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-07 Common Stock M 8000 $.10 Acquired 49333 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-07 Common Stock Option (Right to Buy) $.10 M 8000 Disposed 2015-11-18 Common Stock (8000) Direct

Footnotes

F1: Of the remaining unvested options in this grant, options to purchase 8,500 shares of common stock vests on December 31, 2008.

F2: Following this transaction, Dr. Armstrong also holds the following securities: vested options to purchase 8,288 shares of common stock that expire February 27, 2016; vested options to purchase 500 shares of common stock that expire November 11, 2015; unvested options to purchase 10,712 shares of common stock that expire February 27, 2016; unvested options to purchase 8,500 shares of common stock that expire on November 18, 2015; and unvested options to purchase 5,000 shares of common stock that expire on December 3, 2017.