Sarah Korman - 01 Jul 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
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
01 Jul 2022, 21:31:27 UTC
Previous filing
23 Feb 2022
Next filing
03 Mar 2023
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 +50,000 $0.000000 50,000 01 Jul 2022 Common Stock 50,000 $3.33 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 June 14, 2023, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until June 14, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date.