Kevin T. Conroy - Feb 27, 2023 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
Stock symbol
EXAS
Transactions as of
Feb 27, 2023
Transactions value $
-$636,626
Form type
4
Date filed
3/1/2023, 04:15 PM
Previous filing
Feb 28, 2023
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Options Exercise $0 +13.2K +1.1% $0.00 1.21M Feb 27, 2023 Direct F1
transaction EXAS Common Stock Options Exercise $0 +9.31K +0.77% $0.00 1.22M Feb 27, 2023 Direct F1
transaction EXAS Common Stock Sale -$637K -10.4K -0.86% $61.12 1.21M Feb 28, 2023 Direct F2, F3
holding EXAS Common Stock 27.1K Feb 27, 2023 Held in 401(k) Plan
holding EXAS Common Stock 21.7K Feb 27, 2023 Held in Grantor Retained Annuity Trust
holding EXAS Common Stock 21.7K Feb 27, 2023 Held in Grantor Retained Annuity Trust
holding EXAS Common Stock 21.7K Feb 27, 2023 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 -13.2K -25% $0.00 39.5K Feb 27, 2023 Common Stock 13.2K Direct F4, F5
transaction EXAS Restricted Stock Units Options Exercise $0 -9.31K -100% $0.00* 0 Feb 27, 2023 Common Stock 9.31K 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 27, 2023.
F3 In addition to the shares of Common Stock reported on this Form 4, which total 1,299,620 shares, Mr. Conroy also holds, in the aggregate, an additional 770,013 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 27, 2023. The restricted stock units vest in four equal annual installments beginning on February 25, 2023.
F6 Represents a restricted stock unit award that partially vested on February 27, 2023. The restricted stock units vested in four equal annual installments beginning on February 26, 2020.