Sean McClain - 21 Jul 2021 Form 3 Insider Report for Absci Corp (ABSI)

Role
President and Chief Executive, Director, 10%+ Owner
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, 21:04:44 UTC
Next filing
28 Jul 2021
SEC
View on sec.gov

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Quoteable Key Fact

"Sean McClain filed Form 3 for Absci Corp (ABSI) on 21 Jul 2021."

Quick Takeaways

  • This page summarizes Sean McClain's Form 3 filing for Absci Corp (ABSI).
  • 0 reported transactions and 6 derivative rows are listed below.
  • Filing timestamp: 21 Jul 2021, 21:04.

What Changed

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Official SEC Source

Ownership activity is grounded in SEC Form 3 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ABSI Common Stock 6,361,200 21 Jul 2021 Direct
holding ABSI Common Stock 2,269,987 21 Jul 2021 See footnote F1

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 21,869 $1.10 Direct F2
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 2,685 $1.10 Direct F3
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 396,735 $1.21 Direct F4
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 127,354 $1.10 Direct F4
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 8,505 $1.10 See footnote F1, F2
holding ABSI Stock Option (right to buy) 21 Jul 2021 Common Stock 1,043 $1.10 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by Brittany McClain and are subject to a voting agreement and proxy pursuant to which the Reporting Person is entitled to vote such shares on all matters presented to the Issuer's stockholders for approval. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
F2 This option is fully vested and exercisable.
F3 25% of the shares subject to this option vested and became exercisable on July 11, 2018, and thereafter, the remaining shares subject to this option vested and became exercisable in 36 approximately equal monthly installments until July 11, 2021, such that this option is fully vested and exercisable.
F4 The shares subject to this option vest and become exercisable in 48 approximately equal monthly installments from March 4, 2021 until March 4, 2025, subject to the Reporting Person's continuous service to the Issuer on each such date.

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