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EXACT SCIENCES CORP — Director's Dealing 2018
Feb 28, 2018
30597_dirs_2018-02-28_7cbac837-7fae-40cb-a2b0-db6b900c8bcb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EXACT SCIENCES CORP (EXAS)
CIK: 0001124140
Period of Report: 2018-02-26
Reporting Person: Conroy Kevin T (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-26 | Common Stock | M | 20025 | $0.00 | Acquired | 878583 | Direct |
| 2018-02-27 | Common Stock | S | 9085 | $44.098 | Disposed | 869498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-26 | Restricted Stock Units | $ | M | 20025 | Disposed | Common Stock (20025) | Direct | |
| 2018-02-27 | Stock Option (right to buy) | $44.37 | A | 68300 | Acquired | 2028-02-27 | Common Stock (68300) | Direct |
| 2018-02-27 | Restricted Stock Units | $ | A | 82300 | Acquired | Common Stock (82300) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 25580 | Indirect |
| Common Stock | 65189 | Indirect |
Footnotes
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 26, 2018.
F3: In addition to the shares of Common Stock reported on this Form 4, which total 960,267 shares, Mr. Conroy also holds, in the aggregate, an additional 1,365,422 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 granted on February 26, 2016 that partially vested on February 26, 2018. The restricted stock units vest in four equal annual installments beginning on February 26, 2017.
F6: These options vest and become exercisable in four equal annual installments beginning on the first anniversary of the grant date.
F7: These restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date.