BD1 Investment Holding, LLC - Aug 16, 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
Stock symbol
ASTI
Transactions as of
Aug 16, 2021
Transactions value $
-$600,000
Form type
4
Date filed
8/19/2021, 08:14 PM
Previous filing
Aug 4, 2021
Next filing
Dec 29, 2021

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 -$600K -6B -5.71% $0.00* 99B Aug 16, 2021 Common Stock 6B $0.00 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.