Ascent Solar Technologies, Inc. — Director's Dealing 2009

Jul 2, 2009

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: Russell TW Fraser (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-06-30	Common Stock	M	3058	—	Acquired	25195	Direct
2009-07-01	Common Stock	S	1529	$7.86	Disposed	23666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-06-30	Restricted Stock Units	$	M	3058	Disposed		Common Stock (3058)	Direct

Footnotes

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

F2: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Dr. Russell on February 19, 2009.

F3: The remaining restricted stock units vest in the following amounts on the following dates: 25% on September 30, 2009; and 25% on December 31, 2009.

F4: Dr. Russell also holds vested options to purchase 8,000 shares of common stock that expire November 18, 2015.