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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
21 Jul 2021, 21:04:44 UTC
Next SEC filing
28 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Todd Bedrick, attorney-in-fact
Filing notes and source

Key filing fact

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

Key facts

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

Change

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

Research use

  • 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.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ABSI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,361,200
Date
21 Jul 2021
Ownership
Direct
ABSI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,269,987
Date
21 Jul 2021
Ownership
See footnote
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,869
Exercise price
$1.10
Footnotes
F2
ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,685
Exercise price
$1.10
Footnotes
F3
ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
396,735
Exercise price
$1.21
Footnotes
F4
ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
127,354
Exercise price
$1.10
Footnotes
F4
ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
8,505
Exercise price
$1.10
Footnotes
F1, F2
ABSI holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
21 Jul 2021
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
1,043
Exercise price
$1.10
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

This option is fully vested and exercisable.

Footnote 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.

Footnote 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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