SEC Form 4 · accession 0001181431-15-000324
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin T Conroy
Officer — President and CEO · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124140
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 14, 2014 | G | 1,535 | $0.00 | D | 279,028 | D | |
| Common StockF1 | Jun 9, 2014 | G | 65,189 | $0.00 | D | 213,839 | D | |
| Common StockF1 | Jun 9, 2014 | G | 65,189 | $0.00 | A | 65,189 | I | Held in Grantor Retained Annuity Trust |
| Common Stock | Jul 7, 2014 | G | 583 | $0.00 | D | 213,256 | D | |
| Common Stock | Oct 28, 2014 | G | 1,025 | $0.00 | D | 212,231 | D | |
| Common StockF2 | Dec 31, 2014 | M | 20,467 | $0.00 | A | 232,698 | D | |
| Common StockF3 | Jan 2, 2015 | S | 9,484 | $26.72 | D | 223,214 | D | |
| Common Stock | holding | — | — | — | 18,716 | I | Held in 401(K) Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F4 | — | Dec 31, 2014 | M | 20,467 | D | — | — | Common Stock | 20,467 | 20,466 | D |
Explanation of responses
- F1Represents shares of common stock transferred to Kevin T. Conroy 2014 Grantor Retained Annuity Trust.
- F2Represents shares of common stock received upon vesting of a restricted stock unit award.
- F3Represents shares sold pursuant to a Sell-to-Cover Rule 10b5-1 Plan to pay withholding taxes due in connection with the vesting of certain shares of restricted stock on December 31, 2014.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock.
- F5Represents a restricted stock unit award granted on February 22, 2013 and earned on December 31, 2013 based on the satisfaction of certain performance-based vesting requirements. The restricted stock units vest in three equal annual installments beginning on December 31, 2013.