SEC Form 4 · accession 0001209191-17-014957

EXACTECH INC · EXAC

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

Reporting owner

Officer — Vice President, Legal

Period of report

Feb 23, 2017

Accepted (ET)

Feb 27, 2017 · 7:04 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, 2017	M	1,700	$18.95	A	20,382	D
Common Stock	Feb 23, 2017	S	1,349	$24.53	D	19,033	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)	$18.95	Feb 23, 2017	M	1,700	D	Feb 28, 2014	Feb 28, 2017	Common Stock	1,700	0	D
Incentive/Non-qualified Stock Option (right to buy)	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	10,700	10,700	D
Incentive Stock Option (right to buy)^F1	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Common Stock	9,000	9,000	D
Non-Qualified Stock Option (right to buy)^F2	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	8,000	8,000	D
Non-Qualified Stock Option (right to buy)^F3	$23.28	holding	—	—	—	Apr 29, 2020	Apr 29, 2022	Common Stock	6,000	6,000	D

F1Such options are currently exercisable as regards 7,200 of the covered shares. The remaining options are exercisable, as regards 1,800 of the covered shares, on the fifth anniversary of the date of grant.
F2Such options are currently exercisable as regards 3,200 of the covered shares. The remaining options are exercisable, 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.
F3Such options are currently exercisable as regards 1,200 of the covered shares. The remaining options are exercisable, as regards 1,200 of the covered shares, on the second anniversary of the date of grant, as regards 1,200 of the covered shares, on the third anniversary of the date of grant, as regards 1,200 of the covered shares on the fourth anniversary of the date of grant, and as regards 1,200 of the covered shares, on the fifth anniversary of the date of grant.