SEC Form 4 · accession 0001209191-16-107901
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
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:54 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 | Mar 9, 2016 | M | 8,425 | $0.00 | A | 228,170 | D | |
| Common StockF2 | Mar 10, 2016 | S | 3,041 | $6.05 | D | 225,129 | D | |
| Common Stock | holding | — | — | — | 11,175 | 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 | — | Mar 9, 2016 | M | 8,425 | D | — | — | Common Stock | 8,425 | 25,275 | 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 restricted stock units on March 9, 2016.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4Represents a restricted stock unit award granted on March 9, 2015 that partially vested on March 9, 2016. The restricted stock units vest in four equal annual installments beginning on March 9, 2016.