Andreas Pihl - Jul 26, 2021 Form 4 Insider Report for Absci Corp (ABSI)

Signature
/s/ Todd Bedrick, attorney-in-fact
Stock symbol
ABSI
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
4
Date filed
7/28/2021, 04:36 PM
Previous filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABSI Common Stock Conversion of derivative security +50.6K +9.08% 608K Jul 26, 2021 Direct 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
transaction ABSI Series D-1 Preferred Stock Conversion of derivative security $0 -15.3K -100% $0.00* 0 Jul 26, 2021 Common Stock 50.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Series D-1 Preferred Stock automatically converted on a one-for-3.3031 basis into shares of the Issuer's common stock immediately upon the closing of the Issuer's initial public offering without payment of additional consideration. The Series D-1 Preferred Stock had no expiration date.