Zachariah Jonasson - Feb 28, 2025 Form 4 Insider Report for Absci Corp (ABSI)

Role
CFO / CBO
Signature
/s/ Shelby Walker, attorney-in-fact
Stock symbol
ABSI
Transactions as of
Feb 28, 2025
Transactions value $
-$21,085
Form type
4
Date filed
3/4/2025, 05:39 PM
Previous filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABSI Common Stock Tax liability -$21.1K -5.22K -1.5% $4.04 342K Feb 28, 2025 Direct F1
transaction ABSI Common Stock Award $0 +81.5K +23.85% $0.00 423K Mar 3, 2025 Direct F2

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 +322K $0.00 322K Mar 3, 2025 Common Stock 322K $3.42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock withheld by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan (the "Plan").
F2 The shares reported in this transaction represent RSUs issued under the Plan. Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest and be settled in three substantially equal annual installments with the first such annual installment vesting on March 3, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date.
F3 The shares subject to this option shall vest and become exercisable over a three year period, in substantially equal annual installments with the first such installment vesting on March 3, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date.