Brian Baranick - Aug 5, 2024 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Role
EVP, GM, Precision Oncology
Signature
/s/ Brian Baranick by Mark Busch, attorney-in-fact
Stock symbol
EXAS
Transactions as of
Aug 5, 2024
Transactions value $
-$76,684
Form type
4
Date filed
8/6/2024, 05:30 PM
Previous filing
May 2, 2024
Next filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Options Exercise $0 +2.71K +20.42% $0.00 16K Aug 5, 2024 Direct F1, F2
transaction EXAS Common Stock Tax liability -$76.7K -1.38K -8.6% $55.77 14.6K Aug 5, 2024 Direct F2, F3
holding EXAS Common Stock 454 Aug 5, 2024 Held in 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXAS Restricted Stock Units Options Exercise $0 -2.71K -100% $0.00* 0 Aug 5, 2024 Common Stock 2.71K Direct F1, F4
transaction EXAS Restricted Stock Units Award $0 +21.4K $0.00 21.4K Aug 5, 2024 Common Stock 21.4K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit award that fully vested on August 5, 2024.
F2 In addition to the shares of Common Stock reported on this Form 4, which total 15,070 shares, Mr. Baranick also holds, in the aggregate, an additional 65,007 vested and unvested options to purchase shares of Common Stock and restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Common Stock.
F3 Represents shares of Common Stock retained by Exact Sciences Corporation for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vesting of certain restricted stock units on August 5, 2024.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock.
F5 These restricted stock units vest in four equal annual installments beginning on August 5, 2025.