Form 4 for ABSI Absci Corp
Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-01 · accession 0001628280-23-031569 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-06 | 2023-09-01 | ABSI | Jonasson Zachariah | CFO, CBO, Dir | A - Grant | $0.00 | +250.0K | 259.0K | +2,778% | $0 |
| D | 2023-09-06 | 2023-09-01 | ABSI | Jonasson Zachariah | CFO, CBO, Dir | A - Grant | $0.00 | +1.00M | 1.00M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-01 | A | A | 250,000 | $0.00 | 259,000 | D | — | — | (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 August 31, 2024, and thereafter, the remaining RSUs will vest on a quarterly basis in eight (8) equal installments, subject to the Reporting Person's continuous service to the Issuer on each such date. |
| 2 | Derivative | Stock Option (right to buy) | 2023-09-01 | A | A | 1,000,000 | $0.00 | 1,000,000 | D | $1.87 · — to 2033-08-31 | 1,000,000 Common Stock | (F2) 1/48th of the shares subject to this option vest and become exercisable in equal monthly installments beginning on the date one month after August 31, 2023 (or otherwise on the last day of the applicable month), subject to the Reporting Person's continuous service to the Issuer on each such date. |