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FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
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WASHINGTON, D.C. 20549
[_] Check this box if no longer STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
subject to Section 16. Form Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
4 or Form 5 obligations may Section 17(a) of the Public Utility Holding Company Act of 1935
continue. See Instructions or Section 30(f) of the Investment Company Act of 1940
1(b)
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer
(Check all applicable)
Barnett Allen M AstroPower, Inc. NASDAQ: APWR
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for X Director X 10% Owner
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Number of Reporting Month/Year X Officer ___ Other
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Person (Voluntary) December, 1999 (give title below) (specify below)
c/o AstroPower, Inc.
Solar Park
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(Street) 5. If Amendment, -----------------------------
Date of Original
(Month/Year)
Newark DE 19716-2000
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(City) (State) (Zip) Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action action (A) or Disposed of (D) Securities Form: of Indirect
Date Code (Instr, 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ (Instr. 8) Owned at or Indirect Ownership
Day/ ------------------------------------- End of (I) (Instr. (Instr. 4)
Year) Month 4)
Code V Amount (A) or Price (Instr. 3 & 4)
(D)
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Common Stock 12/16/99 G 2,000 D
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Common Stock 12/6/99 M 21,000 A 1,150,114 I *
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39,717 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly
(Print or Type Responses) (Over)
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* Includes 1,120,114 shares held by a family trust of which Dr. Barnett is a
beneficiary, Dr. Barnett disclaims beneficial ownership of the shares held by
the Trust except to the extent of his pecuniary interest therein. Also
includes 20,000 shares held by Marsha Barnett, wife of Dr. Barnett and 10,000
shares held by Jeffrey Barnett, son of Dr. Barnett. Dr. Barnett disclaims
beneficial ownership of the shares held by his wife and son.
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FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
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1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action action ative Securities cisable and
Exercise Date Code Acquired (A) or Expiration Date
Price of (Month/ (Instr. 8) Disposed of (D) (Month/Day/
Deri- Day/ (Instr. 3, 4, and 5) Year)
vative Year)
Security
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Date Expir-
Exer- ation
cisable Date
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Code V (A) (D)
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Common Stock Option $ 3.12 12/6/99 M 21,000
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1. Title of Derivative Security 7. Title and Amount 8. Price 9. Number 10. Owner- 11. Nat-
(Instr. 3) of Underlying of of ship ure of
Securities Deriv- Deriv- Form Indirect
(Instr. 3 and 4) ative ative of De- Bene-
Secur- Secur- rivative ficial
ity ities Secu- Owner-
(Instr. 5) Bene- rity: ship
ficially Direct (Instr. 4)
-------------------- Owned (D) or
at End Indirect
Amount or of (I)
Title Number of Month (Instr. 4)
Shares (Instr. 4)
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Common Stock Option Common 21,000 $ 3.12 626,750 D
Stock
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Explanation of Responses:
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** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. /s/ Allen Barnett 1/7/00
See 18 U.s.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------------ --------
**Signature of Reporting Person Date
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