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Ascent Solar Technologies, Inc. Director's Dealing 2014

Aug 13, 2014

35368_dirs_2014-08-13_28eb4eb1-8fc5-47a7-bb9d-f8b4dbb680fb.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: 2014-08-11

Reporting Person: SHTARD Enterprises LTD. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-07-29 Common Stock P 4000000 $0.33 Acquired 12000000 Direct
2014-08-11 Common Stock O 8000000 $0.33 Acquired 12000000 Direct

Footnotes

F1: Pursuant to the Stock Purchase Agreement between Ascent Solar Technologies, Inc. (the "Company") dated July 29, 2014 (the "Agreement"), the reporting person purchased 4,000,000 shares of common stock of the Company and was granted an immediately exercisable, until August 15, 2014, option to purchase an additional 8,000,000 shares of common stock of the Company. The Agreement was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed July 31, 2014. On August 11, 2014, the reporting person exercised this option and now is the owner of 12,000,000 shares of common stock of the Company.