Everett Cunningham - Oct 11, 2023 Form 4 Insider Report for EXACT SCIENCES CORP (EXAS)

Role
Chief Commercial Officer
Signature
/s/ Everett Cunningham by Mark R. Busch, attorney-in-fact
Stock symbol
EXAS
Transactions as of
Oct 11, 2023
Transactions value $
-$843,551
Form type
4
Date filed
10/13/2023, 07:59 PM
Previous filing
Jun 20, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXAS Common Stock Award $21.3K +709 +3.12% $30.02 23.4K May 1, 2023 Direct F1
transaction EXAS Common Stock Options Exercise $0 +20K +85.44% $0.00 43.4K Oct 11, 2023 Direct F2
transaction EXAS Common Stock Options Exercise $0 +7.5K +17.28% $0.00 50.9K Oct 11, 2023 Direct F2
transaction EXAS Common Stock Sale -$865K -13K -25.55% $66.49 37.9K Oct 12, 2023 Direct F3, F4
holding EXAS Common Stock 269 Oct 11, 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 -20K -50% $0.00 20K Oct 11, 2023 Common Stock 20K Direct F5, F6
transaction EXAS Restricted Stock Units Options Exercise $0 -7.5K -50% $0.00 7.5K Oct 11, 2023 Common Stock 7.5K Direct F5, F7
* 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 purchased through Employee Stock Purchase Plan.
F2 Represents shares of common stock received upon vesting of a restricted stock unit award.
F3 Represents shares sold pursuant to a Sell-to-Cover Rule 10b5-1 Plan, entered into September 21, 2021, to pay withholding taxes due in connection with the vesting of certain restricted stock units on October 11, 2023.
F4 In addition to the shares of Common Stock reported on this Form 4, which total 38,178 shares, Mr. Cunningham also holds, in the aggregate, an additional 71,707 restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Common Stock.
F5 Each restricted stock unit represents a contingent right to receive one share of common stock.
F6 Represents a restricted stock unit award that partially vested on October 11, 2023. The restricted stock units vest in three equal annual installments beginning on October 11, 2022.
F7 Represents a restricted stock unit award that vests in three annual installments, with 50% vesting on October 11, 2022, 25% vesting on October 11, 2023, and 25% vesting on October 11, 2024.