SEC Form 4 · accession 0001209191-19-014809
EXACT SCIENCES CORP · EXAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C. Johnson
Officer — SVP - Research and Development
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 8:20 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,F2 | Feb 27, 2019 | M | 3,525 | $0.00 | A | 8,818 | D | |
| Common Stock | holding | — | — | — | 193 | I | Held in 401(K) Plan |
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)F3 | $92.62 | Feb 26, 2019 | A | 6,741 | A | Feb 26, 2020 | Feb 26, 2029 | Common Stock | 6,741 | 6,741 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 26, 2019 | A | 8,156 | A | — | — | Common Stock | 8,156 | 8,156 | D |
| Restricted Stock UnitsF4,F6 | — | Feb 27, 2019 | M | 3,525 | D | — | — | Common Stock | 3,525 | 10,575 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a restricted stock unit award on February 27, 2019.
- F2In addition to the shares of Common Stock reported on this Form 4, which total 9,011 shares, Mr. Johnson also holds, in the aggregate, an additional 59,672 vested and unvested options to purchase shares of Common Stock and restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Common Stock.
- F3These options vest and become exercisable in four equal annual installments beginning on the first anniversary of the grant date.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock.
- F5These restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date.
- F6Represents a restricted stock unit award granted on February 27, 2018 that partially vested on February 27, 2019. The restricted stock units vest in four equal annual installments beginning on February 27, 2019.