EXACT Sciences Corporation Grants Inducement Restricted Stock Unit Awards To New Employees

MADISON, Wis.--(BUSINESS WIRE)--Exact Sciences Corp. (NASDAQ: EXAS) today announced that, in support of the Company’s continued growth plans, the Compensation Committee of the Company’s Board of Directors has approved the reservation of 315,000 shares of common stock to be used exclusively for the grant of equity awards to individuals who were not previously employees of the Company (or following a bona fide period of non-employment), as an inducement equity award material to an individual’s entry into employment with the Company within the meaning of Rule 5645(c)(4) of the NASDAQ Listing Rules. The inducement grant program will terminate on the date of the Company’s 2015 Annual Stockholders’ Meeting. The Company is making this announcement as required by NASDAQ rules.

Help employers find you! Check out all the jobs and post your resume.