home · filing · 0001079973-22-001542
8-K
filed December 12, 2022, 6:59 PM ET
ticker ASTI
CIK 0001350102
leadership
confidence high
sentiment neutral
materiality 0.70
Ascent Solar appoints Paul Warley as CFO, replacing Michael Gilbreth
Ascent Solar Technologies, Inc.
Michael Gilbreth resigned as CFO effective Dec 11, 2022; no disagreement with company.
Paul Warley appointed CFO effective Dec 12; 30+ years experience in restructuring, M&A.
Employment agreement: base salary $305k, rising to $350k after $10M capital raise; bonus up to 75% of base.
Inducement RSU grant of 700,000 shares; 20% vested on grant, remainder over 36 months.
Separation agreement with Gilbreth: 10 weeks' salary ($35,577) plus $111k bonus, paid in installments.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2022-12-12
Filed December 12, 2022, 6:59 PM ET
Effective December 12, 2022, the Company’s board of directors appointed Paul Warley as the Company’s new Chief Financial Officer.
Effective 2022-12-11
Successor Paul Warley
Filed December 12, 2022, 6:59 PM ET
Effective December 11, 2022, Michael Gilbreth resigned from his position as Chief Financial Officer of the Company.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Warley was appointed as Chief Financial Officer at Ascent Solar Technologies, Inc..
Action appointed
Role Chief Financial Officer
Exact text from the filing
Effective December 12, 2022, the Company’s board of directors appointed Paul Warley as the Company’s new Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Gilbreth resigned as Chief Financial Officer at Ascent Solar Technologies, Inc..
Action resigned
Role Chief Financial Officer
Exact text from the filing
Effective December 11, 2022, Michael Gilbreth resigned from his position as Chief Financial Officer of the Company.
View on SEC.gov
Source: SEC EDGAR
accession 0001079973-22-001542
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