0001209191-16-122748.txt : 20160523 0001209191-16-122748.hdr.sgml : 20160523 20160523195342 ACCESSION NUMBER: 0001209191-16-122748 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160519 FILED AS OF DATE: 20160523 DATE AS OF CHANGE: 20160523 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) 872-5000 MAIL ADDRESS: STREET 1: 12300 GRANT STREET CITY: THORNTON STATE: CO ZIP: 80241 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BIAO XU CENTRAL INDEX KEY: 0001546831 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32919 FILM NUMBER: 161670535 MAIL ADDRESS: STREET 1: 12300 GRANT STREET CITY: THORNTON STATE: CO ZIP: 80241 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-05-19 0 0001350102 Ascent Solar Technologies, Inc. ASTI 0001546831 BIAO XU 12300 GRANT STREET THORNTON CO 80241 1 0 0 0 Common Stock 2016-05-19 4 A 0 1000000 0.00 A 1000000 D Common Stock Option (Right to Buy) 1.01 2015-02-11 2025-02-11 Common Stock 100000 100000 D Common Stock Option (Right to Buy) 0.06 2016-03-10 2026-03-10 Common Stock 100000 200000 D Mr. Xu was granted 1,000,000 restricted stock units on March 10, 2016, subject to and contingent upon receipt of stockholder approval in accordance with Sections 9 and 10 of the Issuer's Restricted Stock Plan. The stockholders approved the restricted stock unit grant on May 19, 2016. Each unit represents a contingent right to receive one share of common stock of the Issuer. Restricted stock units vest as follows: 50% on September 10, 2016 and 50% on March 10, 2017. Does 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). 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. /s/ James H. Carroll, Attorney-in-Fact 2016-05-23