SEC Form 4 · accession 0001209191-15-003691
EXACTECH INC · EXAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary J Miller
Officer — Executive Vice President, R&D
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 4:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 8, 2015 | S | 4,145 | $23.17 | D | 240,895 | I | by Partnership |
| Common Stock | holding | — | — | — | 19,556 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) | $14.12 | holding | — | — | — | Nov 30, 2005 | May 9, 2015 | Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Option (right to buy) | $14.27 | holding | — | — | — | Dec 18, 2011 | Dec 18, 2016 | Common Stock | 5,000 | 5,000 | D |
| Non-Qualified Option (right to buy) | $17.02 | holding | — | — | — | Feb 16, 2013 | Feb 16, 2016 | Common Stock | 16,000 | 16,000 | D |
| Non-Qualified Option (right to buy) | $18.95 | holding | — | — | — | Feb 28, 2014 | Feb 28, 2017 | Common Stock | 2,800 | 2,800 | D |
| Incentive Stock Option (right to buy)F2 | $16.33 | holding | — | — | — | Feb 22, 2017 | Feb 22, 2019 | Common Stock | 19,800 | 19,800 | D |
| Incentive/Non-Qualified Option (right to buy)F3 | $18.55 | holding | — | — | — | Feb 25, 2018 | Feb 25, 2020 | Common Stock | 16,000 | 16,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $20.90 | holding | — | — | — | May 9, 2019 | May 9, 2021 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Such shares were sold pursuant to a Rule 10b5-1 plan to sell a maximum of 50,000 shares of common stock beginning January 2, 2015 and expiring December 31, 2015.
- F2Such options are currently exercisable as regards 7,920 of the covered shares. The remaining options are exercisable, as regards 3,960 of the covered shares, on the third anniversary of the date of grant, as regards 3,960 of the covered shares on the fourth anniversary of the date of grant, and as regards 3,960 of the covered shares, on the fifth anniversary of the date of grant.
- F3Such options are currently exercisable as regards 3,200 of the covered shares. The remaining options are exercisable, as regards 3,200 of the covered shares, on the second anniversary of the date of grant, as regards 3,200 of the covered shares, on the third anniversary of the date of grant, as regards 3,200 of the covered shares on the fourth anniversary of the date of grant, and as regards 3,200 of the covered shares, on the fifth anniversary of the date of grant.
- F4Such options are exercisable as regards 2,400 of the covered shares, on the first anniversary of the date of grant, as regards 2,400 of the covered shares, on the second anniversary of the date of grant, as regards 2,400 of the covered shares, on the third anniversary of the date of grant, as regards 2,400 of the covered shares on the fourth anniversary of the date of grant, and as regards 2,400 of the covered shares, on the fifth anniversary of the date of grant.