SEC Form 4 · accession 0001209191-17-030076

EXACTECH INC · EXAC

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

Reporting owner

David W Petty

Officer — Chief Executive Officer

Period of report

May 3, 2017

Accepted (ET)

May 4, 2017 · 5:26 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	holding	—	—		—	65,622	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 Stock Option (right to buy)^F5	$30.50	May 3, 2017	A	24,000	A	May 3, 2022	May 3, 2024	Common Stock	24,000	24,000	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

Explanation of responses

F1Such options are currently exercisable as regards 11,600 of the covered shares. The remaining options are exercisable, 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 12,000 of the covered shares. The remaining options are exercisable, 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.
F4Such options were awarded pursuant to the Issuer's 2009 Executive Incentive Compensation Plan.
F5Such options are exercisable as regards 4,800 of the covered shares, on the first anniversary of the date of grant, as regards 4,800 of the covered shares, on the second anniversary of the date of grant, 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.