SEC Form 4 · accession 0001209191-17-030077

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

May 3, 2017

Accepted (ET)

May 4, 2017 · 5:27 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	—	—		—	105,407	D
Common Stock	holding	—	—		—	18,400	I	by 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 Option (right to buy)^F5	$30.50	May 3, 2017	A	18,000	A	May 3, 2022	May 3, 2024	Common Stock	18,000	18,000	D
Incentive/Non-Qualified Option (right to buy)	$16.33	holding	—	—	—	Feb 22, 2017	Feb 22, 2019	Common Stock	45,000	45,000	D
Non-Qualified Option (right to buy)^F1	$18.55	holding	—	—	—	Feb 25, 2018	Feb 25, 2020	Commons Stock	26,000	26,000	D
Non-Qualified Option (right to buy)^F2	$20.90	holding	—	—	—	May 9, 2019	May 9, 2021	Common Stock	24,000	24,000	D
Non- Qualified Option (right to buy)^F3	$23.28	holding	—	—	—	Apr 29, 2020	Apr 29, 2022	Common Stock	20,000	20,000	D

Explanation of responses

F1Such options are currently exercisable as regards 20,800 of the covered shares. The remaining options are exercisable, as regards 5,200 of the covered shares, on the fifth anniversary of the date of grant.
F2Such 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.
F3Such options are currently exercisable as regards 8,000 of the covered shares. The remaining options are exercisable, 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.
F4Such options were awarded pursuant to the Issuer's 2009 Executive Incentive Compensation Plan.
F5Such options are exercisable as regards 3,600 of the covered shares, on the first anniversary of the date of grant, as regards 3,600 of the covered shares, on the second anniversary of the date of grant, as regards 3,600 of the covered shares, on the third anniversary of the date of grant, as regards 3,600 of the covered shares on the fourth anniversary of the date of grant, and as regards 3,600 of the covered shares, on the fifth anniversary of the date of grant.