Gregory T. Schiffman - Mar 1, 2023 Form 4 Insider Report for Absci Corp (ABSI)

Role
Chief Financial Officer
Signature
/s/ Todd Bedrick, attorney-in-fact for Gregory T. Schiffman
Stock symbol
ABSI
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:43 PM
Previous filing
Feb 3, 2023
Next filing
May 5, 2023

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 +425K $0.00 425K Mar 1, 2023 Common Stock 425K $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.