Ascent Solar Technologies, Inc. — Director's Dealing 2016

May 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2016-05-19

Reporting Person: Hian Lee Kong (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-19	Common Stock Option (Right to Buy)	$0.61	A	200000	Acquired	2025-06-18	Common Stock (200000)	Direct

Footnotes

F1: The option grant was approved by the Compensation Committee of Issuer's Board of Directors on June 18, 2015, subject to stockholder approval of the option grant. Issuer's stockholders approved the option grant on May 19, 2016.

F2: Upon approval of the option grant by Issuer's stockholders on May 19, 2016, the shares subject to the option grant vest in the following amounts on the following dates: 50% on June 18, 2017 and 50% on June 18, 2019.