SCHIFFMAN GREGORY T. - 20 Oct 2022 Form 4 Insider Report for Absci Corp (ABSI)

Role: Chief Financial Officer
Signature: /s/ Todd Bedrick, attorney-in-fact
Issuer symbol: ABSI
Transactions as of: 20 Oct 2022
Net transactions value: +$55,000
Form type: 4
Filing time: 24 Oct 2022, 17:54:15 UTC
Previous filing: 03 Nov 2022
Next filing: 03 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ABSI	Common Stock	Options Exercise	$55,000	+50,000	+9%	$1.10	605,165	20 Oct 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	-50,000	-20%	$0.000000	202,194	20 Oct 2022	Common Stock	50,000	$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.