SEC Form 4 · accession 0001209191-16-131144

EXACTECH INC · EXAC

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

Reporting owner

Joel C Phillips

Officer — EVP/CFO/Treasurer

Period of report

Jun 30, 2016

Accepted (ET)

Jul 5, 2016 · 5:07 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	Jun 30, 2016	M	1,000	$14.27	A	101,632	D
Common Stock	Jun 30, 2016	S	1,000	$26.50	D	100,632	D
Common Stock	Jun 30, 2016	M	100	$14.27	A	100,732	D
Common Stock	Jun 30, 2016	S	100	$26.75	D	100,632	D
Common Stock	Jun 30, 2016	A	307	$15.43	A	100,939	D
Common Stock	Jul 1, 2016	M	900	$14.27	A	101,839	D
Common Stock	Jul 1, 2016	S	900	$26.75	D	100,939	D
Common Stock	Jul 1, 2016	M	1,000	$14.27	A	101,939	D
Common Stock	Jul 1, 2016	S	1,000	$27.00	D	100,939	D
Common Stock	holding	—	—		—	16,925	I	by minor children

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)	$14.27	Jun 30, 2016	M	1,100	D	Dec 18, 2011	Dec 18, 2016	Common Stock	5,000	1,900	D
Non-Qualified Stock Option (right to buy)	$14.27	Jul 1, 2016	M	1,900	D	Dec 18, 2011	Dec 18, 2016	Common Stock	5,000	0	D
Non-Qualified Option (right to buy)	$18.95	holding	—	—	—	Feb 28, 2014	Feb 28, 2017	Common Stock	5,500	5,500	D
Incentive/Non-Qualified Option (right to buy)^F3	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	45,000	45,000	D
Non-Qualified Option (right to buy)^F4	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Commons Stock	26,000	26,000	D
Non-Qualified Option (right to buy)^F5	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	24,000	24,000	D
Non- Qualified Option (right to buy)^F6	$23.28	holding	—	—	—	Apr 29, 2020	Apr 29, 2022	Common Stock	20,000	20,000	D

Explanation of responses

F1Such options were exercised to complete a rule 10b5-1 plan dated June 10, 2016 to exercise and sell 5,000 options for the Issuer's common shares beginning June 24, 2016, expiring on December 18, 2016 per the terms of the grant.
F2Such shares were acquired pursuant to the Issuer's 2009 Employee Stock Purchase Plan.
F3Such options are currently exercisable as regards 36,000 of the covered shares. The remaining options are exercisable, as regards 9,000 of the covered shares, on the fifth anniversary of the date of grant.
F4Such options are currently exercisable as regards 15,600 of the covered shares. The remaining options are exercisable, as regards 5,200 of the covered shares on the fourth anniversary of the date of grant, and as regards 5,200 of the covered shares, on the fifth anniversary of the date of grant.
F5Such options are currently exercisable as regards 9,600 of the covered shares. The remaining options are exercisable, as regards 4,800 of the covered shares, on the third anniversary of the date of grant, as regards 4,800 of the covered shares on the fourth anniversary of the date of grant, and as regards 4,800 of the covered shares, on the fifth anniversary of the date of grant.
F6Such options are currently exercisable as regards 4,000 of the covered shares. The remaining options are exercisable, as regards 4,000 of the covered shares, on the second anniversary of the date of grant, as regards 4,000 of the covered shares, on the third anniversary of the date of grant, as regards 4,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 4,000 of the covered shares, on the fifth anniversary of the date of grant.