Paul P. Warley - 17 Jan 2024 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
Chief Executive Officer, Director
Signature
/s/ Paul Warley
Issuer symbol
ASTI
Transactions as of
17 Jan 2024
Net transactions value
$0
Form type
4
Filing time
19 Jan 2024, 20:00:17 UTC
Previous filing
02 Oct 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTI Common Stock Award $0 +215,000 +515% $0.000000 256,722 17 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 215,000 of the shares reported are restricted stock units ("RSUs") granted 1/17/2024. Each RSU represents a contingent right to receive one share of ASTI common stock.
F2 One third of the RSU's will vest on each of 3/31/2024, 1/1/2025 and 1/1/2026. Any outstanding and unvested RSU's will accelerate and fully vest upon the earlier of (i) a change of control or (ii) the termination of Mr. Warley's employment for any reason other than (x) by the Company for cause or (y) by Mr. Warley without good reason.