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

Role: Chief Operating Officer
Signature: /s/ Todd Bedrick, attorney-in-fact
Issuer symbol: ABSI
Transactions as of: 26 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 28 Jul 2021, 16:36:25 UTC
Previous filing: 21 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ABSI	Common Stock	Conversion of derivative security		+50,610	+9.1%		607,937	26 Jul 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	-15,322	-100%	$0.000000^*	0	26 Jul 2021	Common Stock	50,610		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.