Conroy Kevin T. - 22 Feb 2022 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Role
President and CEO, Director
Signature
/s/ Kevin T. Conroy by Mark R. Busch, attorney-in-fact
Issuer symbol
EXAS
Transactions as of
22 Feb 2022
Net transactions value
-$358,231
Form type
4
Filing time
24 Feb 2022, 18:14:54 UTC
Previous filing
16 Feb 2022
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Options Exercise $0 +10,373 +1.2% $0.000000 889,067 22 Feb 2022 Direct F1
transaction EXAS Common Stock Sale $358,231 -5,188 -0.58% $69.05 883,879 23 Feb 2022 Direct F2, F3
holding EXAS Common Stock 26,574 22 Feb 2022 Held in 401(k) Plan
holding EXAS Common Stock 21,730 22 Feb 2022 Held in Grantor Retained Annuity Trust
holding EXAS Common Stock 21,730 22 Feb 2022 Held in Grantor Retained Annuity Trust
holding EXAS Common Stock 21,729 22 Feb 2022 Held in Grantor Retained Annuity Trust

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 -10,373 -25% $0.000000 31,122 22 Feb 2022 Common Stock 10,373 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock received upon vesting of a restricted stock unit award.
F2 Represents shares sold pursuant to a Sell-to-Cover Rule 10b5-1 Plan to pay withholding taxes due in connection with the vesting of certain restricted stock units on February 22, 2022.
F3 In addition to the shares of Common Stock reported on this Form 4, which total 975,642 shares, Mr. Conroy also holds, in the aggregate, an additional 975,228 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.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock.
F5 Represents a restricted stock unit award that partially vested on February 22, 2022. The restricted stock units vest in four equal annual installments beginning on February 19, 2022.