Form 4 for ABSI Absci Corp
Accepted 2024-02-05 00:00:00 ET · period of report 2024-02-01 · accession 0001672688-24-000011 · 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 | 2024-02-05 | 2024-02-01 | ABSI | McClain Sean | CEO, Dir, 10% | A - Grant | $0.00 | +182.0K | 6.73M | +3% | $0 |
| D | 2024-02-05 | 2024-02-01 | ABSI | McClain Sean | CEO, Dir, 10% | A - Grant | $0.00 | +766.0K | 766.0K | 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 | 2024-02-01 | A | A | 182,000 | $0.00 | 6,725,955 | 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 in three substantially equal annual installments with the first such annual installment vesting on February 1, 2025, subject to the Reporting Person's continuous service to the Issuer on each such date. |
| 2 | Derivative | Stock Option (right to buy) | 2024-02-01 | A | A | 766,000 | $0.00 | 766,000 | D | $4.40 · — to 2034-01-31 | 766,000 Common Stock | (F3) The shares subject to this option shall vest and become exercisable over a three year period, in substantially equal annual installments with the first such installment vesting on February 1, 2025, subject to the Reporting Person's continuous service to the Issuer on each such date. |