Zachariah Jonasson - Jun 13, 2024 Form 4 Insider Report for Absci Corp (ABSI)

Role
CFO / CBO
Signature
/s/ Todd Bedrick, attorney-in-fact
Stock symbol
ABSI
Transactions as of
Jun 13, 2024
Transactions value $
-$1,599
Form type
4
Date filed
6/14/2024, 04:40 PM
Previous filing
Feb 5, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABSI Common Stock Options Exercise $97.3K +28.7K +7.63% $3.39 405K Jun 13, 2024 Direct
transaction ABSI Common Stock Sale -$98.9K -19.9K -4.91% $4.98 385K Jun 13, 2024 Direct F1

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) Options Exercise $0 -28.7K -100% $0.00* 0 Jun 13, 2024 Common Stock 28.7K $3.39 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.93 to $5.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 The stock option was exercised on June 13, 2024, as it would have terminated on June 30, 2024 (six months after the Reporting Person's resignation from the Issuer's board of directors effective on December 31, 2023) per the Non-Qualified Stock Option Agreement for Non-Employee Directors under the Absci Corporation 2021 Stock Option and Incentive Plan and the Issuer's Amended and Restated Non-Employee Director Compensation Policy.
F3 The stock option was fully vested.