Crowdex Investment, LLC - 01 Feb 2022 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Reporting relationship: 10%+ Owner
Issuer ticker: ASTI
Reported as of: 01 Feb 2022
Net transaction value: +$1,299,350
SEC form: 4
Accepted by SEC: 02 Mar 2022, 16:37:13 UTC
Prior SEC filing: 13 Dec 2021
Source filing: View source filing
Reporting owner signature: /s/ David Peterson, Manager of Crowdex Investment, LLC

Key filing fact

Crowdex Investment, LLC filed Form 4 for Ascent Solar Technologies, Inc. (ASTI) on 02 Mar 2022.

Key facts

This page summarizes Crowdex Investment, LLC's Form 4 filing for Ascent Solar Technologies, Inc. (ASTI).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Mar 2022, 16:37.

Change

Previous filing in this sequence was filed on 13 Dec 2021.
Current net transaction value: +$1,299,350.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASTI transaction

Common Stock

Conversion of derivative security

Transaction value: $1,300,000
Shares: +2,600,000
Change %: +88%
Price: $0.5000^*
Shares after: 5,545,042
Date: 01 Feb 2022
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASTI transaction Derivative

Series 1A Preferred Stock, par value $0.0001

Conversion of derivative security

Transaction value: $650
Shares: -1,300
Change %: -100%
Price: $0.5000^*
Shares after: 0
Date: 01 Feb 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 2,600,000
Exercise price: $0.5000
Footnotes: F2, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

This joint filing includes Mr. Bernd Fortsch who is the 100% indirect owner of Crowdex Investment, LLC.

Footnote F2

Conversion price is $0.50 per the stated value of the Series 1A Preferred Stock, which is $1,000 per share. The conversion price was adjusted to reflect a reverse stock split of the Issuer's common stock at a ratio of 1-5,000 on January 28, 2022 (the "Reverse Stock Split").

Footnote F3

Reflects the Reverse Stock Split.

Footnote F4

800 of the shares of Series 1A Preferred Stock were acquired, and became exercisable, on September 22, 2020, and 500 of the shares of Series 1A Preferred Stock were acquired, and became exercisable, on December 31, 2020.

Footnote F5

The Series 1A Preferred Stock has no expiration date.