Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ABSI | Common Stock | Award | $0 | +250K | +2777.78% | $0.00 | 259K | Sep 1, 2023 | Direct | F1 |
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) | Award | $0 | +1M | $0.00 | 1M | Sep 1, 2023 | Common Stock | 1M | $1.87 | Direct | F2 |
Id | Content |
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F1 | The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest and be settled as to 1/3rd of RSUs on August 31, 2024, and thereafter, the remaining RSUs will vest on a quarterly basis in eight (8) equal installments, subject to the Reporting Person's continuous service to the Issuer on each such date. |
F2 | 1/48th of the shares subject to this option vest and become exercisable in equal monthly installments beginning on the date one month after August 31, 2023 (or otherwise on the last day of the applicable month), subject to the Reporting Person's continuous service to the Issuer on each such date. |