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

Signature
/s/ Todd Bedrick, attorney-in-fact for Sean McClain
Issuer symbol
ABSI
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Mar 2023, 16:42:04 UTC
Previous filing
23 Feb 2022
Next filing
16 Oct 2023

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Quoteable Key Fact

"Sean McClain filed Form 4 for Absci Corp (ABSI) on 03 Mar 2023."

Quick Takeaways

  • This page summarizes Sean McClain's Form 4 filing for Absci Corp (ABSI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Filing timestamp: 03 Mar 2023, 16:42.

What Changed

  • Previous filing in this sequence was filed on 23 Feb 2022.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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 +1,300,000 $0.000000 1,300,000 01 Mar 2023 Common Stock 1,300,000 $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