Sean McClain - 01 Mar 2023 Form 4 Insider Report for Absci Corp (ABSI)

Role: Reporting Person's title: Founder and Chief Executive Officer, Director
Signature: /s/ Todd Bedrick, attorney-in-fact for Sean McClain
Issuer symbol: ABSI
Transactions as of: 01 Mar 2023
Transactions value $: $0
Form type: 4
Date filed: 03 Mar 2023, 16:42
Previous filing: 23 Feb 2022
Next filing: 16 Oct 2023
SEC: View on sec.gov

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)	Award	$0	+1.3M		$0.00	1.3M	01 Mar 2023	Common Stock	1.3M	$2.01	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, vest and become exercisable on March 1, 2024, and the remaining 75% of the shares subject to this option, vest and become exercisable in 36 equal monthly installments thereafter, until March 1, 2027, subject to the Reporting Person's continuous service to the Issuer on each such date.

Remarks:

Reporting Person's title: Founder and Chief Executive Officer