Form 4 for ASTI Ascent Solar Technologies, Inc.

Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-01 · accession 0001493152-22-005856 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-03-02	2022-02-01	ASTI	Fortsch Bernd	10%	C - Cnv Deriv	$0.5	+4.80M	4.96M	+2,977%	+$2.40M
D	2022-03-02	2022-02-01	ASTI	Fortsch Bernd	10%	C - Cnv Deriv	$0.5	-2,400	0	-100%	-$1,200

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-02-01	C	A	4,800,000	$0.5	4,961,234	D	—	—	(F1) This joint filing includes Mr. Bernd Fortsch who directly and indirectly owns a controlling interest in TubeSolar AG. This filing shall not be deemed an admission that Mr. Fortsch is, for purposes of Section 16 of the Act, or otherwise, the beneficial owner of any equity securities covered by the statement. (F2) Conversion price is $0.50 per the stated value of the Series 1A Preferred Stock, which is $1,000 per share. The conversion price was adjusted to reflect a reverse stock split of the Issuer's common stock at a ratio of 1-5,000 on January 28, 2022 (the "Reverse Stock Split"). (F3) Reflects the Reverse Stock Split.
2	Derivative	Series 1A Preferred Stock, par value $0.0001	2022-02-01	C	D	2,400	$0.5	0	D	$0.5 · 2021-01-04 to —	4,800,000 Common Stock, par value $0.0001 per share	(F2) Conversion price is $0.50 per the stated value of the Series 1A Preferred Stock, which is $1,000 per share. The conversion price was adjusted to reflect a reverse stock split of the Issuer's common stock at a ratio of 1-5,000 on January 28, 2022 (the "Reverse Stock Split"). (F4) The Series 1A Preferred Stock has no expiration date.