D. Scott Coward - Feb 28, 2022 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Role
Chief Legal Officer
Signature
/s/ D. Scott Coward by Mark R. Busch, attorney-in-fact
Stock symbol
EXAS
Transactions as of
Feb 28, 2022
Transactions value $
-$300,011
Form type
4
Date filed
3/2/2022, 04:25 PM
Previous filing
Mar 1, 2022
Next filing
Jan 5, 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 +42.38% $0.00 16.9K Feb 28, 2022 Direct F1
transaction EXAS Common Stock Options Exercise $0 +3.26K +19.33% $0.00 20.1K Feb 28, 2022 Direct F1
transaction EXAS Common Stock Sale -$300K -3.91K -19.42% $76.69 16.2K Mar 1, 2022 Direct F2, F3
holding EXAS Common Stock 4.19K 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 -3.26K -50.01% $0.00 3.26K Feb 28, 2022 Common Stock 3.26K 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 20,428 shares, Mr. Coward also holds, in the aggregate, an additional 51,718 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.