SEC Form 4 · accession 0001209191-16-089322
Ascent Solar Technologies, Inc. · ASTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Thomas Marsh
Director
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 6:23 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 1, 2016 | A | 200,000 | $0.00 | A | 311,650 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Marsh was granted a total of 500,000 restricted stock units on January 1, 2016 in connection with 2016 board compensation, of which 300,000 restricted stock units are subject to and contingent upon receipt of stockholder approval in accordance with Sections 9 and 10 of the Issuer's Restricted Stock Plan. The Issuer intends to seek such stockholder approval at its 2016 annual stockholders' meeting. Restricted stock units reported herein do not include the 300,000 restricted stock units subject to stockholder approval. Each unit represents a contingent right to receive one share of common stock of the Issuer. The aggregate granted 500,000 restricted stock units vest in four equal installments on March 23, 2016, June 23, 2016, September 23, 2016 and December 19, 2016 (subject to the stockholder approval requirement referenced above).