Bobby Gulati - 01 Jan 2025 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Reporting relationship: Chief Operating Officer
Issuer ticker: ASTI
Reported as of: 01 Jan 2025
Net transaction value: -$152
SEC form: 4
Accepted by SEC: 03 Jan 2025, 16:28:02 UTC
Prior SEC filing: 21 Oct 2024
Next SEC filing: 04 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Bobby Gulati

Key filing fact

Bobby Gulati filed Form 4 for Ascent Solar Technologies, Inc. (ASTI) on 03 Jan 2025.

Key facts

This page summarizes Bobby Gulati's Form 4 filing for Ascent Solar Technologies, Inc. (ASTI).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 03 Jan 2025, 16:28.

Change

Previous filing in this sequence was filed on 21 Oct 2024.
Current net transaction value: -$152.

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

Tax liability

Transaction value: $152
Shares: -49
Change %: -13%
Price: $3.10
Shares after: 328
Date: 01 Jan 2025
Ownership: Direct
Footnotes: F1, F2, F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

425 (adjusted for a 1 share for 100 reverse stock split effected on August 14, 2024) of the previously shares reported are restricted stock units ("RSUs") granted 1/17/2024. Each RSU represents a contingent right to receive one share of ASTI common stock.

Footnote 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. Gulati's employment for any reason other than (x) by the Company for cause or (y) by Mr. Gulati without good reason.

Footnote F3

Reflects 49 shares withheld by the Issuer to satisfy tax withholding obligations related to an RSU vest on 1/1/2025.