SEC Form 4 · accession 0001209191-15-028285

EXACTECH INC · EXAC

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

Reporting owner

Officer — Executive Vice President, R&D

Period of report

Mar 19, 2015

Accepted (ET)

Mar 20, 2015 · 5:25 pm EDT

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	Mar 19, 2015	S	10,300	$24.40	D	219,020	I	by Partnership
Common Stock	Mar 20, 2015	S	22,500	$25.20	D	196,520	I	by Partnership
Common Stock	holding	—	—		—	19,556	D

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

F1Such shares were sold in completion of 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 11,880 of the covered shares. The remaining options are exercisable, 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 6,400 of the covered shares. The remaining options are exercisable, 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.