TubeSolar AG - 19 Jul 2021 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
10%+ Owner
Signature
/s/ Juergen Gallina
Issuer symbol
ASTI
Transactions as of
19 Jul 2021
Net transactions value
+$60,000
Form type
4
Filing time
20 Jul 2021, 16:15:41 UTC
Next filing
14 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTI Common Stock Conversion of derivative security $60,000 +600,000,000 $0.000100* 600,000,000 19 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASTI Series 1A Preferred Stock, par value $0.0001 Conversion of derivative security -60 -2.4% 2,440 19 Jul 2021 Common Stock, par value $0.0001 per share 24,400,000,000 $0.000100 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion price is $0.0001 per the stated value of the Series 1A Preferred Stock, which is $1,000 per share.
F2 The Series 1A Preferred Stock has no expiration date.