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Ascent Solar Technologies, Inc. Director's Dealing 2009

Apr 2, 2009

35368_dirs_2009-04-02_f6b197f3-414d-40fa-baf9-23f2bc51c3b5.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: 2009-03-31

Reporting Person: Porter Joel S (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-03-31 Common Stock M 1994 Acquired 5000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-03-31 Restricted Stock Units $ M 1994 Disposed Common Stock (1994) 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 March 31, 2009; 25% on June 30, 2009; 25% on September 30, 2009; and 25% on December 31, 2009.

F3: Mr. Porter also holds vested options to purchase 5,000 shares of common stock that expire on June 30, 2017.