SEC Form 4 · accession 0001181431-15-002428
Ascent Solar Technologies, Inc. · ASTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xu Biao
Director
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 1:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001350102
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| No securities are benefically ownedF1 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (Right to Buy)F2 | $1.01 | Feb 11, 2015 | A | 100,000 | A | Feb 11, 2015 | Feb 11, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Does not include shares held by TFG Radiant Investment Group Ltd. ("TFG Radiant"), which is the Issuer's largest stockholder. Mr. Xu is an investor in TFG Radiant and disclaims beneficial ownership of shares held by TFG Radiant (except to the extent of his pecuniary interest therein).
- F2The stock options vest in the following amounts on the following dates: 50% on February 11, 2016 and 50% on February 11, 2017.