SEC Form 4/A · accession 0001209191-16-107883
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kevin T Conroy
Officer — President and CEO · Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 11, 2016 · 4:45 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 26, 2016 | S | 6,895 | $5.81 | D | 637,907 | D | |
| Common Stock | holding | — | — | — | 22,842 | I | Held in 401(K) Account | |
| Common Stock | holding | — | — | — | 65,189 | I | Held in Grantor Retained Annuity Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $5.70 | Feb 26, 2016 | A | 247,300 | A | Feb 26, 2017 | Feb 26, 2026 | Common Stock | 247,300 | 247,300 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 26, 2016 | A | 80,100 | A | — | — | Common Stock | 80,100 | 80,100 | D |
Explanation of responses
- F1Represents 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, 2016.
- F2These options vest and become exercisable in four equal annual installments beginning on the first anniversary of the grant date.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4These restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date.