SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Phoenix Venture Partners II LP

(Last) (First) (Middle)
1700 EL CAMINO REAL, SUITE 355

(Street)
SAN MATEO CA 94402

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Absci Corp [ ABSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/26/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/26/2021 C 5,681,332 A (1) 5,681,332(2) D(3)
Common Stock 07/26/2021 C 533,735 A (4) 6,215,067(2) D(3)
Common Stock 07/26/2021 C 4,954,650 A (5) 11,169,717(2) D(3)
Common Stock 07/26/2021 C 2,590,991 A (6) 13,760,708(2) D(3)
Common Stock 07/26/2021 C 273,130 A (7) 14,033,838(2) D(3)
Common Stock 07/26/2021 C 84,348 A (8) 14,118,186(2) D(3)
Common Stock 07/26/2021 C 33,741 A (9) 14,151,927(2) D(3)
Common Stock 07/26/2021 C 33,675 A (10) 14,185,602(2) D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A-1 Preferred Stock (1) 07/26/2021 C 1,720,000 (1) (1) Common Stock 5,681,332(2) $0.00 0 D(3)
Series A-2 Preferred Stock (4) 07/26/2021 C 161,586 (4) (4) Common Stock 533,735(2) $0.00 0 D(3)
Series A-3 Preferred Stock (5) 07/26/2021 C 1,500,000 (5) (5) Common Stock 4,954,650(2) $0.00 0 D(3)
Series B Preferred Stock (6) 07/26/2021 C 784,412 (6) (6) Common Stock 2,590,991(2) $0.00 0 D(3)
Series C Preferred Stock (7) 07/26/2021 C 82,689 (7) (7) Common Stock 273,130(2) $0.00 0 D(3)
Series D-1 Preferred Stock (8) 07/26/2021 C 25,536 (8) (8) Common Stock 84,348(2) $0.00 0 D(3)
Series D-2 Preferred Stock (9) 07/26/2021 C 10,215 (9) (9) Common Stock 33,741(2) $0.00 0 D(3)
Series E Preferred Stock (10) 07/26/2021 C 10,195 (10) (10) Common Stock 33,675(2) $0.00 0 D(3)
Series A-4 Preferred Stock Warrant $1 07/26/2021 C 93,007 (11) 09/29/2026 Series A-4 Preferred Stock 93,007 $0.00 0 D(3)
Common Stock Warrant $1 07/26/2021 C 307,211 (12) 09/29/2026 Common Stock 307,211(12) $0.00 0 D(3)
1. Name and Address of Reporting Person*
Phoenix Venture Partners II LP

(Last) (First) (Middle)
1700 EL CAMINO REAL, SUITE 355

(Street)
SAN MATEO CA 94402

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Phoenix General Partner II LLC

(Last) (First) (Middle)
1700 EL CAMINO REAL, SUITE 355

(Street)
SAN MATEO CA 94402

(City) (State) (Zip)
Explanation of Responses:
1. The Series A-1 Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
2. Reflects one-for-3.3031 stock split which became effective on July 26, 2021.
3. Phoenix General Partner II LLC, as the sole general partner of Phoenix Venture Partners II LP, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
4. The Series A-2 Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
5. The Series A-3 Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
6. The Series B Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
7. The Series C Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
8. The Series D-1 Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
9. The Series D-2 Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
10. The Series E Preferred Stock converted into Common Stock on a one-for-3.3031 basis and had no expiration date.
11. Prior to July 26, 2021, these warrants were exercisable by the holder at its option for shares of the Issuer's Series A-4 Preferred Stock at an exercise price of $1.00 per share any time prior to their expiration date.
12. The warrant for 93,007 shares of Series A-4 Preferred Stock converted into a warrant for 307,211 shares of Common Stock upon the one-for-3.3031 reverse split.
Remarks:
/s/ Zachariah Jonasson, Managing Member of sole general partner on behalf of Phoenix Venture Partners II LP 07/28/2021
/s/ Zachariah Jonasson, Managing Member on behalf of Phoenix General Partner II LLC 07/28/2021
** Signature of Reporting Person Date
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