SEC Form 4/A · accession 0001209191-16-113938
Ascent Solar Technologies, Inc. · ASTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Xu Biao
Director
Period of report
Mar 10, 2016
Accepted (ET)
Apr 12, 2016 · 12:36 pm EDT
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 beneficially owned.F1 | 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 | $0.06 | Mar 10, 2016 | A | 100,000 | A | Mar 10, 2016 | Mar 10, 2016 | Common Stock | 100,000 | 200,000 | 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 equal monthly installments beginning on April 10, 2016, such that the stock options are fully vested as of March 10, 2018.
Remarks
Xu Biao (aka Winston Xu) is a Board designee of TFG Radiant pursuant to the Amended and Restated Stockholders' Agreement between the Issuer and TFG Radiant, dated December 30, 2011.