SEC Form 4 · accession 0001209191-15-019234
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maneesh Arora
Officer — COO · Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 6:43 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 | Feb 24, 2015 | M | 11,000 | $0.00 | A | 120,475 | D | |
| Common StockF2 | Feb 26, 2015 | S | 3,895 | $23.44 | D | 116,580 | D | |
| Common Stock | holding | — | — | — | 10,144 | 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 UnitsF3,F4 | — | Feb 24, 2015 | M | 11,000 | D | — | — | Common Stock | 11,000 | 33,000 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a restricted stock unit award.
- F2Represents 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 February 24, 2015.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4Represents a restricted stock unit award granted on February 24, 2014 that partially vested on February 24, 2015. The restricted stock units vest in four equal annual installments beginning on February 24, 2015.