Menelas N. Pangalos - 02 Jan 2024 Form 4 Insider Report for Absci Corp (ABSI)

Role
Director
Signature
/s/ Todd Bedrick, attorney-in-fact
Issuer symbol
ABSI
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 16:58:34 UTC
Previous filing
04 Jan 2024
Next filing
14 Jun 2024

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 +106,200 $0.000000 106,200 02 Jan 2024 Common Stock 106,200 $3.69 Direct F1
transaction ABSI Stock Option (right to buy) Award $0 +18,900 $0.000000 18,900 02 Jan 2024 Common Stock 18,900 $3.69 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option vest and become exercisable in 36 approximately equal monthly installments beginning on January 1, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.
F2 The shares subject to this option vest and become exercisable in 24 approximately equal monthly installments beginning on January 1, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.