Absci director granted RSUs and options
Absci Corp director Frans Van Houten received new equity compensation consisting of restricted stock units and stock options.
Rhea-AI Filing Summary
Absci Corp director Frans Van Houten received new equity compensation consisting of restricted stock units and stock options. He was granted 10,100 RSUs, each representing one share of common stock, under the Absci Corporation 2021 Stock Option and Incentive Plan.
The RSUs vest in full on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders, contingent on continued service. He also received stock options for 39,800 shares of common stock at an exercise price of $7.34 per share, vesting on the same schedule. Following the RSU grant, his direct common stock holdings total 73,420 shares.
Positive
- None.
Negative
- None.
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 ("RSUs") financial
Stock Option (right to buy) financial
2021 Stock Option and Incentive Plan financial
vesting financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Absci Corp (ABSI) director Frans Van Houten receive in this Form 4?
How many Absci (ABSI) restricted stock units were granted to Frans Van Houten?
What are the terms of the Absci (ABSI) stock options granted to Frans Van Houten?
When do Frans Van Houten’s Absci (ABSI) RSUs and options vest?
Were these Absci (ABSI) Form 4 transactions open-market purchases or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.