SEC Form 4 · accession 0001209191-18-044638
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Thomas Elliott
Officer — Chief Financial Officer
Period of report
Jul 28, 2018
Accepted (ET)
Jul 31, 2018 · 8:34 pm EDT
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 | Apr 30, 2018 | A | 1,678 | $13.26 | A | 22,690 | D | |
| Common StockF2 | Jul 28, 2018 | M | 18,750 | $0.00 | A | 41,440 | D | |
| Common StockF3 | Jul 30, 2018 | S | 8,984 | $57.78 | D | 32,456 | D | |
| Common Stock | holding | — | — | — | 781 | 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 UnitsF4,F5 | — | Jul 28, 2018 | M | 18,750 | D | — | — | Common Stock | 18,750 | 37,500 | 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 restricted stock units on July 28, 2018.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock.
- F5Represents a restricted stock unit award granted on July 28, 2016 that partially vested on July 28, 2018. The restricted stock units vest in four equal annual installments beginning on July 28, 2017.