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

Jan 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2008-01-02

Reporting Person: Misra Ashutosh (SVP Operations & Corp. Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-02	Common Stock	M	5000	$.10	Acquired	41000	Direct
2008-01-02	Common Stock	S	1000	$23.80	Disposed	40000	Direct
2008-01-02	Common Stock	S	1300	$23.82	Disposed	38700	Direct
2008-01-02	Common Stock	S	200	$23.83	Disposed	38500	Direct
2008-01-02	Common Stock	S	100	$23.85	Disposed	38400	Direct
2008-01-02	Common Stock	S	600	$23.86	Disposed	37800	Direct
2008-01-02	Common Stock	S	700	$23.87	Disposed	37100	Direct
2008-01-02	Common Stock	S	500	$23.90	Disposed	36600	Direct
2008-01-02	Common Stock	S	200	$23.91	Disposed	36400	Direct
2008-01-02	Common Stock	S	300	$23.92	Disposed	36100	Direct
2008-01-02	Common Stock	S	100	$23.93	Disposed	36000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-02	Common Stock Option (Right to Buy)	$.10	M	5000	Disposed	2015-11-18	Common Stock (5000)	Direct

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 22, 2007.

F2: The remaining 5,000 unvested options in this grant vest on December 31, 2008.

F3: Mr. Misra also holds the following securities: 4,000 Class B Warrants; vested options to purchase 20,000 shares of common stock that expire on July 30, 2017; unvested options to purchase 5,000 shares of common stock that expire on November 18, 2015; and unvested options to purcahse 9,000 shares of common stock that expire on December 3, 2017.