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Ascent Solar Technologies, Inc. Director's Dealing 2009

Jul 2, 2009

35368_dirs_2009-07-02_545ffacb-fc03-401e-8443-279368bcdcf9.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: 2009-06-30

Reporting Person: Erskine Richard G (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-06-30 Restricted Stock Units $ A 1898 Acquired Common Stock (1898) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

F2: The restricted stock units vest in the following amounts on the following dates: 25% on September 30, 2009; 25% on December 31, 2009; 25% on March 31, 2010; and 25% on June 30, 2010.

F3: Mr. Erskine also holds 15,190 Class B warrants that are immediately exercisable.