BD1 Investment Holding, LLC - 16 Aug 2021 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
10%+ Owner
Signature
By: /s/ Todd Steadman, Manager of BD1 Investment Holding, LLC and attorney-in-fact for Johannes Kuhn and Ute Kuhn
Issuer symbol
ASTI
Transactions as of
16 Aug 2021
Net transactions value
-$600,000
Form type
4
Filing time
19 Aug 2021, 20:14:09 UTC
Previous filing
04 Aug 2021
Next filing
29 Dec 2021
SEC
View on sec.gov

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 Unsecured convertible promissory notes Sale $600,000 -6,000,000,000 -5.7% $0.000100* 99,000,000,000 16 Aug 2021 Common Stock 6,000,000,000 $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 On August 16, 2021, BD 1 Investment Holding, LLC ("BD1") sold and assigned a portion of an unsecured convertible promissory note equal to $600,000 in principal amount for a purchase price of $600,000. Following the transaction, BD1 owns two unsecured convertible promissory notes with principal amounts of $9,740,000 and $160,000, convertible at any time into 99,000,000,000 shares of Issuer's common stock at a fixed conversion price of $0.0001 per share. This joint filing on Form 4 includes Mr. Johannes Kuhn and Mrs. Ute Kuhn who are the 100% indirect owners of BD1.
F2 The maturity date is December 18, 2025.