SEC Form 4 · accession 0001181431-15-000326
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Graham Peter Lidgard
Officer — Chief Science Officer
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 6:20 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 StockF1 | Oct 31, 2014 | A | 459 | $7.81 | A | 185,227 | D | |
| Common Stock | Dec 8, 2014 | G | 4,000 | $0.00 | D | 181,227 | D | |
| Common StockF2 | Dec 31, 2014 | M | 6,567 | $0.00 | A | 187,794 | D | |
| Common StockF3 | Jan 2, 2015 | S | 3,363 | $26.72 | D | 184,431 | D | |
| Common Stock | holding | — | — | — | 11,395 | 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 | 6,567 | D | — | — | Common Stock | 6,567 | 6,566 | D |
Explanation of responses
- F1Represents shares purchased through Employee Stock Purchase Plan.
- 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.