Absci CFO awarded RSUs and stock options
Absci Corp CFO/CBO Zachariah Jonasson reported multiple equity compensation transactions.
Rhea-AI Filing Summary
Absci Corp CFO/CBO Zachariah Jonasson reported multiple equity compensation transactions. He received a grant of 135,400 shares of common stock in the form of restricted stock units under the 2021 Stock Option and Incentive Plan and a stock option covering 534,400 shares.
The RSUs and the option vest in three substantially equal annual installments starting on March 1, 2027, conditional on his continued service. A separate disposition of 10,848 common shares at $2.80 per share reflects shares withheld by Absci to cover tax obligations on RSU vesting and is not a discretionary trade. Following these events, he directly holds 499,783 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,848 | $2.80 | $30K |
| Grant/Award | Stock Option (right to buy) | 534,400 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 135,400 | $0.00 | $0.00 |
Footnotes (3)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan. The RSUs shall vest and be settled in three substantially equal annual installments with the first such annual installment vesting on March 1, 2027, subject to the Reporting Person's continuous service to the Issuer on each such date.
- F2. Amount reported represents the number of shares withheld by the Issuer to cover the tax withholding obligation in connection with the vesting of these restricted stock units and does not represent a discretionary trade by the reporting person.
- 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 March 1, 2027, subject to the Reporting Person's continuous service to the Issuer on each such date.
FAQ
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What equity awards did Absci (ABSI) CFO Zachariah Jonasson report?
How do the new RSUs granted to Absci (ABSI) CFO vest?
Are the new Absci (ABSI) equity awards to the CFO tied to continued employment?
AI-generated analysis. How Rhea-AI works. Not financial advice.