0001079973-22-001184.txt : 20220927 0001079973-22-001184.hdr.sgml : 20220927 20220927212532 ACCESSION NUMBER: 0001079973-22-001184 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220921 FILED AS OF DATE: 20220927 DATE AS OF CHANGE: 20220927 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Max Jeffrey CENTRAL INDEX KEY: 0001948131 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32919 FILM NUMBER: 221272653 MAIL ADDRESS: STREET 1: C/O ASCENT SOLAR TECHNOLOGIES, INC. STREET 2: 12300 GRANT STREET CITY: THORNTON STATE: CO ZIP: 80241 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ascent Solar Technologies, Inc. CENTRAL INDEX KEY: 0001350102 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 203672603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 12300 GRANT STREET CITY: THORNTON STATE: CO ZIP: 80241 BUSINESS PHONE: (720) 872-5233 MAIL ADDRESS: STREET 1: 12300 GRANT STREET CITY: THORNTON STATE: CO ZIP: 80241 4 1 ownership.xml X0306 4 2022-09-21 0 0001350102 Ascent Solar Technologies, Inc. ASTI 0001948131 Max Jeffrey C/O ASCENT SOLAR TECHNOLOGIES, INC. 12300 GRANT STREET THORNTON CO 80241 0 1 0 0 Chief Executive Office Common Stock 2022-09-21 4 A 0 3534591 0.00 A 3534591 D The shares reported are restricted stock units ("RSUs") granted 9/21/2022. Each RSU represents a contingent right to receive one share of ASTI common stock. 20% of the RSUs are fully vested upon grant. The remaining 80% of the RSUs shall vest in equal monthly increments over the next thirty-six months. Any outstanding and unvested RSUs will accelerate and fully vest upon the earlier of (i) a change of control and (ii) the termination of the reporting person's employment for any reason other than (x) by the Company for cause or (y) by the reporting person without good reason. The RSUs shall be settled in eight (8) equal increments on the last business day of each calendar quarter beginning with the initial settlement date of September 30, 2024. Notwithstanding the foregoing, any RSUs that are then outstanding and vested will accelerate and be settled upon the earlier of (i) a change of control and (ii) the termination of Mr. Max's employment for any reason other than (x) by the Company for cause or (y) by Mr. Max without good reason. /s/ Jeffrey Max 2022-09-27