Karen K. Mcginnis - 21 Jul 2021 Form 3 Insider Report for Absci Corp (ABSI)

Role
Director
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, 20:55:54 UTC
Previous filing
21 Jun 2021
Next filing
28 Jul 2021
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 27,676 $1.10 Direct F1
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 147,020 $1.10 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 August 17, 2021, and thereafter, the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until August 17, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.

Remarks:

Exhibit 24 Power of Attorney