Absci director granted 10,100 RSUs, 39,800 options
Absci Corp director Menelas N. Pangalos received new equity awards.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Absci Corp director Menelas N. Pangalos received new equity awards. He was granted 10,100 Restricted Stock Units, each representing one share of common stock, and stock options for 39,800 shares at an exercise price of $7.34. Both awards vest in full on the earlier of the first anniversary of grant or Absci’s next annual stockholder meeting, subject to his continued service. After the RSU grant, he holds 242,408 common shares directly, plus the newly granted options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 39,800 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,100 | $0.00 | $0.00 |
Footnotes (2)
- 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 full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date.
- F2. The shares subject to this option vest and become exercisable in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date.
Key Figures
Key Terms
Restricted Stock Units financial
RSUs financial
2021 Stock Option and Incentive Plan financial
Stock Option (right to buy) financial
continuous service financial
AI-generated analysis. How Rhea-AI works. Not financial advice.