| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EXAS | Common Stock | Award | $0 | +3,972 | +1928% | $0.000000 | 4,178 | 14 Jan 2022 | Direct | F1, F2, F3 |
| holding | EXAS | Common Stock | 1,190 | 14 Jan 2022 | Held in 401(k) Plan |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units issued to Mr. Elliott in lieu of one-half of his base salary for 2022. The restricted stock units vest in eleven equal monthly installments beginning on February 15, 2022. Each restricted stock unit represents a right to receive one share of Common Stock. |
| F2 | As these restricted stock units vest, Mr. Elliott expects to pay the relevant income taxes out of his base salary or cash on hand, rather than selling shares to cover them. |
| F3 | In addition to the shares of Common Stock reported on this Form 4, which total 5,368 shares, Mr. Elliott also holds, in the aggregate, an additional 135,562 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. |