Sarah Korman - 21 Feb 2022 Form 4 Insider Report for Absci Corp (ABSI)

Role
General Counsel
Signature
/s/ Todd Bedrick, attorney-in-fact
Issuer symbol
ABSI
Transactions as of
21 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 20:42:11 UTC
Previous filing
10 Feb 2022
Next filing
01 Jul 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABSI Stock Option (right to buy) Award $0 +160,000 $0.000000 160,000 21 Feb 2022 Common Stock 160,000 $8.27 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to this option vest and become exercisable on February 18, 2023, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until February 18, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date.