Gregory T. Schiffman - Oct 20, 2022 Form 4 Insider Report for Absci Corp (ABSI)

Role
Chief Financial Officer
Signature
/s/ Todd Bedrick, attorney-in-fact
Stock symbol
ABSI
Transactions as of
Oct 20, 2022
Transactions value $
$55,000
Form type
4
Date filed
10/24/2022, 05:54 PM
Previous filing
Nov 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABSI Common Stock Options Exercise $55K +50K +9.01% $1.10 605K Oct 20, 2022 Direct

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 Stock Option (right to buy) Options Exercise $0 -50K -19.83% $0.00 202K Oct 20, 2022 Common Stock 50K $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 vested and became exercisable on April 6, 2021, and the remaining shares subject to this option vest and become exercisable in 36 approximately equal monthly installments until April 6, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.