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Filing Details

Accession Number:: 0001181431-13-029454
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-21 16:53:44
Reporting Period:: 2013-05-17

Filing Date:: 2013-05-21
Accepted Time:: 2013-05-21 16:53:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
913165	Exactech Inc	EXAC	Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)	592603930

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1206758	A Betty Petty	6717 Nw 48Th Lane Gainesville 32653	Vice President, Administration	No	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-05-17	17,472	$18.05	3,248,473	No	4	S	Indirect	by Partnership

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by Partnership

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	70,400	Direct
Common Stock	99,400	Indirect	by Spouse

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Option (right to buy)	$18.60	2005-11-30	2014-05-17	15,000	15,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$14.12	2005-11-30	2015-05-09	30,000	30,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$14.27	2011-12-18	2016-12-18	5,000	5,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$12.68	2012-02-18	2015-02-18	5,000	5,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$17.02	2013-02-16	2016-02-16	11,000	11,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$18.95	2014-02-28	2017-02-28	2,800	2,800	Direct
Common Stock	Non-Qualified Option (right to buy)	$16.33	2017-02-22	2019-02-22	11,900	11,900	Direct
Common Stock	Non-Qualified Option (right to buy)	$18.55	2018-02-25	2020-02-25	3,000	3,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$18.60	2005-11-30	2014-05-17	30,000	30,000	Indirect
Common Stock	Non-Qualified Stock Option (right to buy)	$13.40	2005-11-30	2015-05-31	20,000	20,000	Indirect
Common Stock	Non-Qualified Stock Option (right to buy)	$14.27	2011-12-18	2016-12-18	5,000	5,000	Indirect
Common Stock	Non-Qualified Option (right to buy)	$12.68	2012-02-18	2015-02-18	5,000	5,000	Indirect
Common Stock	Non-Qualified Option (right to buy)	$17.02	2013-02-16	2016-02-16	68,000	68,000	Indirect
Common Stock	Non-Qualified Option (right to buy)	$18.10	2012-02-22	2016-02-22	65,421	65,421	Indirect
Common Stock	Non-Qualified Option (right to buy)	$18.95	2014-02-28	2017-02-28	17,200	17,200	Indirect
Common Stock	Non-Qualified Option (right to buy)	$16.33	2017-02-22	2019-02-22	75,000	75,000	Indirect
Common Stock	Non-Qualified Option (right to buy)	$18.55	2018-02-25	2020-02-25	75,000	75,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2014-05-17	15,000	15,000	Direct
2015-05-09	30,000	30,000	Direct
2016-12-18	5,000	5,000	Direct
2015-02-18	5,000	5,000	Direct
2016-02-16	11,000	11,000	Direct
2017-02-28	2,800	2,800	Direct
2019-02-22	11,900	11,900	Direct
2020-02-25	3,000	3,000	Direct
2014-05-17	30,000	30,000	Indirect
2015-05-31	20,000	20,000	Indirect
2016-12-18	5,000	5,000	Indirect
2015-02-18	5,000	5,000	Indirect
2016-02-16	68,000	68,000	Indirect
2016-02-22	65,421	65,421	Indirect
2017-02-28	17,200	17,200	Indirect
2019-02-22	75,000	75,000	Indirect
2020-02-25	75,000	75,000	Indirect

Footnotes

Such options were granted to Mrs. Petty's spouse, Dr. William Petty, Chief Executive Officer and Chairman of the Board, of the Issuer.
Such options are currently exercisable as regards 1,866 of the covered shares. The remaining shares are exercisable, as regards 934 of the covered shares, on the third anniversary of the date of grant.
Such options are currently exercisable as regards 11,466 of the covered shares. The remaining shares are exercisable, as regards 5,734 of the covered shares, on the third anniversary of the date of grant.
Such options are currently exercisable as regards 2,380 of the covered shares. The remaining shares are exercisable, as regards 2,380 of the covered shares, on the second anniversary of the date of grant, as regards 2,380 of the covered shares, on the third anniversary of the date of grant, as regards 2,380 of the covered shares on the fourth anniversary of the date of grant, and as regards 2,380 of the covered shares, on the fifth anniversary of the date of grant.
Such options are currently exercisable as regards 15,000 of the covered shares. The remaining shares are exercisable, as regards 15,000 of the covered shares, on the second anniversary of the date of grant, as regards 15,000 of the covered shares, on the third anniversary of the date of grant, as regards 15,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 15,000 of the covered shares, on the fifth anniversary of the date of grant.
Such options are exercisable as regards 600 of the covered shares, on the first anniversary of the date of grant, as regards 600 of the covered shares, on the second anniversary of the date of grant, as regards 600 of the covered shares, on the third anniversary of the date of grant, as regards 600 of the covered shares on the fourth anniversary of the date of grant, and as regards 600 of the covered shares, on the fifth anniversary of the date of grant.
Such options are exercisable as regards 15,000 of the covered shares, on the first anniversary of the date of grant, as regards 15,000 of the covered shares, on the second anniversary of the date of grant, as regards 15,000 of the covered shares, on the third anniversary of the date of grant, as regards 15,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 15,000 of the covered shares, on the fifth anniversary of the date of grant.