Jeffrey Thomas Elliott - 27 Feb 2023 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Role: Chief Financial Officer
Signature: /s/ Jeffrey T. Elliott by Mark R. Busch, attorney-in-fact
Issuer symbol: EXAS
Transactions as of: 27 Feb 2023
Net transactions value: -$258,721
Form type: 4
Filing time: 01 Mar 2023, 16:27:01 UTC
Previous filing: 28 Feb 2023
Next filing: 23 Aug 2023
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	+5,700	+23%	$0.000000	30,037	27 Feb 2023	Direct	F1
transaction	EXAS	Common Stock	Options Exercise	$0	+3,437	+11%	$0.000000	33,474	27 Feb 2023	Direct	F1
transaction	EXAS	Common Stock	Sale	$258,721	-4,233	-13%	$61.12	29,241	28 Feb 2023	Direct	F2, F3
holding	EXAS	Common Stock						1,267	27 Feb 2023	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	-5,700	-25%	$0.000000	17,102	27 Feb 2023	Common Stock	5,700		Direct	F4, F5
transaction	EXAS	Restricted Stock Units	Options Exercise	$0	-3,437	-100%	$0.000000^*	0	27 Feb 2023	Common Stock	3,437		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 30,508 shares, Mr. Elliott also holds, in the aggregate, an additional 147,763 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.