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

Jan 27, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2009-01-01

Reporting Person: Swanson Richard John (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-01-01	Restricted Stock Units	$	A	15424	Acquired		Common Stock (15424)	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. Swanson also holds the following securities: 1,116 shares of common stock and vested options to purchase 8,000 shares of common stock that expire on January 30, 2017.