Andreas Busch - Oct 12, 2023 Form 4 Insider Report for Absci Corp (ABSI)

Role: Chief Innovation Officer
Signature: /s/ Todd Bedrick, attorney-in-fact
Stock symbol: ABSI
Transactions as of: Oct 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/16/2023, 06:11 PM
Previous filing: Mar 3, 2023
Next filing: Feb 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ABSI	Common Stock	Award	$0	+175K		$0.00	175K	Oct 12, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 October 12, 2024, and thereafter, the remaining RSUs will vest on an annual basis in two (2) equal installments, subject to the Reporting Person's continuous service to the Issuer on each such date.

Content

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 October 12, 2024, and thereafter, the remaining RSUs will vest on an annual basis in two (2) equal installments, subject to the Reporting Person's continuous service to the Issuer on each such date.