Exact Sciences EVP exercises 3,900 stock options
Exact Sciences EVP of Human Resources Sarah Condella reported several equity transactions in company stock.
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Rhea-AI Filing Summary
Exact Sciences EVP of Human Resources Sarah Condella reported several equity transactions in company stock. She exercised stock options covering 3,900 shares of Common Stock at an exercise price of $5.03 per share, increasing her direct holdings before related tax withholding.
To cover tax obligations from this option exercise, 1,913 shares of Common Stock were retained by Exact Sciences at $103.38 per share, leaving her with 131,121 shares held directly and 6,368 shares held indirectly in a 401(k) plan. Footnotes note that the Form 4 covers 137,489 shares of Common Stock in total and that she also holds an additional 71,243 vested and unvested options and restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 3,900 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,900 | $5.03 | $20K |
| Exercise Price or Tax Liability | Common Stock | 1,913 | $103.38 | $198K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of Common Stock retained by Exact Sciences Corporation for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the exercise of certain stock options.
- F2. In addition to the shares of Common Stock reported on this Form 4, which total 137,489 shares, Ms. Condella also holds, in the aggregate, an additional 71,243 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.
- F3. These options vested and became exercisable in full on February 28, 2020.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EXACT SCIENCES (EXAS) report for Sarah Condella?
Were Sarah Condella’s EXAS transactions open-market stock purchases or sales?
When did the EXAS stock options exercised by Sarah Condella become fully vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.