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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $ 2.9 | 03/31/2009 | D | 100,000 | (1) | 09/04/2017 | Common Stock | 100,000 | $ 0.04 (2) | 0 | D | ||||
Stock Option (right to buy) | $ 2.77 | 03/31/2009 | D | 75,000 | (3) | 02/15/2017 | Common Stock | 75,000 | $ 0.04 (2) | 0 | D | ||||
Stock Option (right to buy) | $ 3.07 | 03/31/2009 | D | 25,000 | (4) | 04/11/2016 | Common Stock | 25,000 | $ 0.04 (2) | 0 | D | ||||
Stock Option (right to buy) | $ 2.61 | 03/31/2009 | D | 25,000 | (5) | 02/16/2016 | Common Stock | 25,000 | $ 0.04 (2) | 0 | D | ||||
Stock Option (right to buy) | $ 2.65 | 03/31/2009 | D | 30,000 | (6) | 07/29/2015 | Common Stock | 30,000 | $ 0.04 (2) | 0 | D | ||||
Stock Option (right to buy) | $ 3.28 | 03/31/2009 | D | 20,000 | (5) | 11/09/2014 | Common Stock | 20,000 | $ 0.04 (2) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Carelli Charles R Jr EXACT SCIENCES CORPORATION 100 CAMPUS DRIVE MARLBOROUGH, MA 01752 |
SVR, CFO, Treasurer & Secretar |
Charles R. Carelli | 07/02/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The option becomes exercisable in equal monthly installments over a three year period beginning October 4, 2007, with 2.7778% of the option becoming exercisable on each subsequent one month anniversary thereafter until fully exercisable. |
(2) | The option was canceled by mutual agreement of the reporting person and EXACT Sciences Corporation. The reporting person received an aggregate of $10,900 as consideration for the cancellation of the options listed on this Form 4. |
(3) | The option becomes exercisable in equal monthly installments over a three year period beginning March 15, 2007, with 2.7778% of the option becoming exercisable on the first day of each subsequent one month period thereafter until fully exercisable. |
(4) | The option becomes exercisable in equal monthly installments over a three year period beginning May 11, 2006, with 2.7778% of the option becoming exercisable on the first day of each subsequent one month period thereafter until fully exercisable. |
(5) | The option is currently exercisable. |
(6) | The option is subject to a four year vesting schedule, with 25% of the option becoming exercisable July 29, 2006 and 2.0833% of the option becoming exercisable on the first day of each subsequent one month period thereafter until fully exercisable. |