SEC Form 4 · accession 0001209191-15-018510

EXACTECH INC · EXAC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

R William Petty

Officer — Executive Chairman

Period of report

Feb 23, 2015

Accepted (ET)

Feb 25, 2015 · 4:27 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	Feb 23, 2015	S	36,123	$23.15	D	3,110,215	I	by Partnership
Common Stock	Feb 24, 2015	S	8,944	$22.78	D	3,101,271	I	by Partnership
Common Stock	holding	—	—		—	99,400	D
Common Stock	holding	—	—		—	70,400	I	by Spouse

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)	$13.40	holding	—	—	—	Nov 30, 2005	May 31, 2015	Common Stock	20,000	9,000	D
Non-Qualified Stock 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	68,000	68,000	D
Non-Qualified Option (right to buy)	$18.10	holding	—	—	—	Feb 22, 2012	Feb 22, 2016	Common Stock	65,421	65,421	D
Non-Qualified Option (right to buy)	$18.95	holding	—	—	—	Feb 28, 2014	Feb 28, 2017	Common Stock	17,200	17,200	D
Non-Qualified Option (right to buy)^F1	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	75,000	75,000	D
Non-Qualified Option (right to buy)^F2	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Common Stock	75,000	75,000	D
Non-Qualified Option (right to buy)^F3	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	55,217	55,217	D
Non-Qualified Stock Option (right to buy)^F4	$14.12	holding	—	—	—	Nov 30, 2005	May 9, 2015	Common Stock	30,000	13,500	I
Non-Qualified Stock Option (right to buy)^F4	$14.27	holding	—	—	—	Dec 18, 2011	Dec 18, 2016	Common Stock	5,000	5,000	I
Non-Qualified Option (right to buy)^F4	$17.02	holding	—	—	—	Feb 16, 2013	Feb 16, 2016	Common Stock	11,000	11,000	I
Non-Qualified Option (right to buy)^F4	$18.95	holding	—	—	—	Feb 28, 2014	Feb 28, 2017	Common Stock	2,800	2,800	I
Non-Qualified Option (right to buy)^F4,F5	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	11,900	11,900	I
Non-Qualified Option (right to buy)^F4,F6	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Common Stock	3,000	3,000	I
Non-Qualified Option (right to buy)^F4,F7	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	8,000	8,000	I

Explanation of responses

F1Such options are currently exercisable as regards 45,000 of the covered shares. The remaining shares are exercisable, as regards 15,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 15,000 of the covered shares, on the fifth anniversary of the date of grant.
F2Such options are currently exercisable as regards 30,000 of the covered shares. The remaining shares are exercisable, as regards 15,000 of the covered shares, on the third anniversary of the date of grant, as regards 15,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 15,000 of the covered shares, on the fifth anniversary of the date of grant.
F3Such options are exercisable as regards 11,043 of the covered shares, on the first anniversary of the date of grant, as regards 11,043 of the covered shares, on the second anniversary of the date of grant, as regards 11,043 of the covered shares, on the third anniversary of the date of grant, as regards 11,044 of the covered shares on the fourth anniversary of the date of grant, and as regards 11,044 of the covered shares, on the fifth anniversary of the date of grant.
F4Such options were granted to Dr. Petty's spouse, Betty A. Petty, Vice President, Administration and Facilities, of the Issuer.
F5Such options are currently exercisable as regards 7,140 of the covered shares. The remaining shares are exercisable, as regards 2,380 of the covered shares on the fourth anniversary of the date of grant, and as regards 2,380 of the covered shares, on the fifth anniversary of the date of grant.
F6Such options are currently exercisable as regards 1,200 of the covered shares. The remaining shares are exercisable, as regards 600 of the covered shares, on the third anniversary of the date of grant, as regards 600 of the covered shares on the fourth anniversary of the date of grant, and as regards 600 of the covered shares, on the fifth anniversary of the date of grant.
F7Such options are exercisable as regards 1,600 of the covered shares, on the first anniversary of the date of grant, as regards 1,600 of the covered shares, on the second anniversary of the date of grant, as regards 1,600 of the covered shares, on the third anniversary of the date of grant, as regards 1,600 of the covered shares on the fourth anniversary of the date of grant, and as regards 1,600 of the covered shares, on the fifth anniversary of the date of grant.