SEC Form 4 · accession 0001209191-17-014346

EXACTECH INC · EXAC

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

Reporting owner

Officer — Chief Executive Officer

Period of report

Feb 22, 2017

Accepted (ET)

Feb 24, 2017 · 4:32 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 22, 2017	M	4,400	$18.95	A	70,022	D
Common Stock	Feb 22, 2017	S	4,400	$24.06	D	65,622	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive/Non-Qualified Stock Option (right to buy)	$18.95	Feb 22, 2017	M	4,400	D	Feb 28, 2014	Feb 28, 2017	Common Stock	4,400	0	D
Incentive/Non-Qualified Stock Option (right to buy)	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	22,500	22,500	D
Incentive/Non-Qualified Stock Option (right to buy)^F1	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Common Stock	14,500	14,500	D
Non-Qualified Stock Option (right to buy)^F2	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	13,150	13,150	D
Non-Qualified Stock Option (right to buy)^F3	$23.28	holding	—	—	—	Apr 29, 2020	Apr 29, 2022	Common Stock	30,000	30,000	D

F1Such options are currently exercisable as regards 8,700 of the covered shares. The remaining options are exercisable, as regards 2,900 of the covered shares on the fourth anniversary of the date of grant, and as regards 2,900 of the covered shares, on the fifth anniversary of the date of grant.
F2Such options are currently exercisable as regards 5,260 of the covered shares. The remaining options are exercisable, as regards 2,630 of the covered shares, on the third anniversary of the date of grant, as regards 2,630 of the covered shares on the fourth anniversary of the date of grant, and as regards 2,630 of the covered shares, on the fifth anniversary of the date of grant.
F3Such options are currently exercisable as regards 6,000 of the covered shares. The remaining options are exercisable, as regards 6,000 of the covered shares, on the second anniversary of the date of grant, as regards 6,000 of the covered shares, on the third anniversary of the date of grant, as regards 6,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 6,000 of the covered shares, on the fifth anniversary of the date of grant.