Jin H. Jo - 17 Jan 2024 Form 4 Insider Report for Ascent Solar Technologies, Inc. (ASTI)

Role
Chief Financial Officer
Signature
/s/ Jin H.Jo
Issuer symbol
ASTI
Transactions as of
17 Jan 2024
Transactions value $
$0
Form type
4
Filing time
19 Jan 2024, 20:00:32 UTC
Previous filing
12 May 2023
Next filing
11 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTI Common Stock Award $0 +42,500 $0.000000 42,500 17 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 42,500 of the 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.
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 Ms. Jo's employment for any reason other than (x) by the Company for cause or (y) by Ms. Jo without good reason.