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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)
Schaller Charles R. AstroPower, Inc. NASDAQ: APWR
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for X Director ___ 10% Owner
Number of Reporting Month/Year ---
--- Officer ___ Other
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 Month (I) (Instr. (Instr. 4)
Year) (Instr. 4)
Code V Amount (A) or Price 3 & 4)
(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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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 $12.125 12/6/99 J 12,000* 12/6/99 12/6/09
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* Grant of a non-Section 16b(3) exempt option.
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<S> <C> <C> <C> <C> <C>
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 12,000
Common Stock Option Stock 164,500 D
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Explanation of Responses:
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<S> <C> <C>
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. /s/ Charles Schaller 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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NOTE: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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