Paul Warley - Mar 31, 2024 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
Chief Executive Officer, Director
Signature
/s/ Paul Warley
Stock symbol
ASTI
Transactions as of
Mar 31, 2024
Transactions value $
-$9,925
Form type
4
Date filed
6/11/2024, 07:52 PM
Previous filing
Mar 12, 2024
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTI Common Stock Tax liability -$9.93K -25.2K -9.81% $0.39 232K Mar 31, 2024 Direct F1, F2, F3
* 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 previously 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.
F3 Reflects 25,184 shares withheld by the Issuer to satisfy tax withholding obligations related to an RSU vest on 3/31/2024.