Sarah Condella - 28 Feb 2022 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Signature
/s/ Sarah Condella by Mark R. Busch, attorney-in-fact
Issuer symbol
EXAS
Transactions as of
28 Feb 2022
Net transactions value
-$215,959
Form type
4
Filing time
02 Mar 2022, 16:31:50 UTC
Previous filing
01 Mar 2022
Next filing
11 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Options Exercise $0 +3,525 +4.3% $0.000000 86,222 28 Feb 2022 Direct F1
transaction EXAS Common Stock Options Exercise $0 +2,356 +2.7% $0.000000 88,578 28 Feb 2022 Direct F1
transaction EXAS Common Stock Sale $215,959 -2,816 -3.2% $76.69 85,762 01 Mar 2022 Direct F2, F3
holding EXAS Common Stock 4,922 28 Feb 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 -3,525 -100% $0.000000* 0 28 Feb 2022 Common Stock 3,525 Direct F4, F5
transaction EXAS Restricted Stock Units Options Exercise $0 -2,356 -50% $0.000000 2,356 28 Feb 2022 Common Stock 2,356 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 90,684 shares, Ms. Condella also holds, in the aggregate, an additional 80,898 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.