Ascent Solar Technologies, Inc. - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2010-08-06

Reporting Person: Rakes Zane (VP of Manufacturing)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-04	Common Stock	M	2500	—	Acquired	2500	Direct
2010-11-04	Common Stock	S	932	$4.30	Disposed	1568	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-06	Common Stock Option (Right to Buy)	$2.61	A	20000	Acquired	2020-08-06	Common Stock (20000)	Direct
2010-08-06	Restricted Stock Units	$	A	10000	Acquired		Common Stock (10000)	Direct
2010-11-04	Restricted Stock Units	$	M	2500	Disposed		Common Stock (2500)	Direct

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

F2: Represents shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted stock units.

F3: The stock options vest in two equal annual installments on August 6, 2011 and August 6, 2012.

F4: The restricted stock units vest in four equal installments on November 4, 2010, February 2, 2011, May 3, 2011 and August 1, 2011.