Matthew Weinstock - 21 Jul 2021 Form 3 Insider Report for Absci Corp (ABSI)

Role
Chief Technology Officer
Signature
/s/ Todd Bedrick, attorney-in-fact
Issuer symbol
ABSI
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
3
Filing time
21 Jul 2021, 20:54:03 UTC
Next filing
23 Feb 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
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 244,175 $1.10 Direct F1
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 39,637 $1.10 Direct F2
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 66,062 $1.10 Direct F3
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 188,342 $1.10 Direct F4
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 537,982 $1.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option vest and become exercisable in 48 approximately equal monthly installments from September 25, 2020 until September 25, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.
F2 25% of the shares subject to this option vested and became exercisable on August 8, 2019, and thereafter, the remaining shares subject to this option vest and become exercisable
F3 25% of the shares subject to this option vested and became exercisable on February 1, 2021, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until February 1, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.
F4 25% of the shares subject to this option vest and become exercisable on July 23, 2021, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until July 23, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.
F5 The shares subject to this option vest and become exercisable in 48 approximately equal monthly installments from March 15, 2021 until March 15, 2025, subject to the Reporting Person's continuous service to the Issuer on each such date.

Remarks:

Exhibit 24 Power of Attorney