SEC Form 4 · accession 0001209191-16-116447

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

Apr 27, 2016

Accepted (ET)

Apr 29, 2016 · 4:14 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	Apr 27, 2016	S	9,851	$24.06	D	177,609	I	by Partnership
Common Stock	holding	—	—		—	30,914	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
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)	$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
Non-Qualified Stock Option (right to buy)^F5	$23.28	holding	—	—	—	Apr 29, 2020	Apr 29, 2022	Common Stock	9,000	9,000	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 4, 2016 and expiring December 30, 2016.
F2Such options are currently exercisable as regards 15,840 of the covered shares. The remaining options are exercisable, as regards 3,960 of the covered shares, on the fifth anniversary of the date of grant.
F3Such options are currently exercisable as regards 9,600 of the covered shares. The remaining options are exercisable, 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 currently exercisable as regards 2,400 of the covered shares. The remaining options are exercisable, 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.
F5Such options are currently exercisable as regards 1,800 of the covered shares. The remaining options are exercisable, as regards 1,800 of the covered shares, on the second anniversary of the date of grant, as regards 1,800 of the covered shares, on the third anniversary of the date of grant, as regards 1,800 of the covered shares on the fourth anniversary of the date of grant, and as regards 1,800 of the covered shares, on the fifth anniversary of the date of grant.