Jeffrey Thomas Elliott - Feb 28, 2022 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Signature
/s/ Jeffrey T. Elliott by Mark R. Busch, attorney-in-fact
Stock symbol
EXAS
Transactions as of
Feb 28, 2022
Transactions value $
-$310,595
Form type
4
Date filed
3/2/2022, 04:22 PM
Previous filing
Mar 1, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Options Exercise $0 +5.03K +34.15% $0.00 19.7K Feb 28, 2022 Direct F1
transaction EXAS Common Stock Options Exercise $0 +3.44K +17.41% $0.00 23.2K Feb 28, 2022 Direct F1
transaction EXAS Common Stock Sale -$311K -4.05K -17.47% $76.69 19.1K Mar 1, 2022 Direct F2, F3
holding EXAS Common Stock 1.19K Feb 28, 2022 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 -5.03K -100% $0.00* 0 Feb 28, 2022 Common Stock 5.03K Direct F4, F5
transaction EXAS Restricted Stock Units Options Exercise $0 -3.44K -50.01% $0.00 3.44K Feb 28, 2022 Common Stock 3.44K Direct F4, F6
* 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 28, 2022.
F3 In addition to the shares of Common Stock reported on this Form 4, which total 20,318 shares, Mr. Elliott also holds, in the aggregate, an additional 142,818 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 28, 2022. The restricted stock units vest in four equal annual installments beginning on February 27, 2019.
F6 Represents a restricted stock unit award that partially vested on February 28, 2022. The restricted stock units vest in four equal annual installments beginning on February 26, 2020.