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Filing Details

Accession Number:: 0001209191-15-039491
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-05-06 17:18:22
Reporting Period:: 2015-05-04

Filing Date:: 2015-05-06
Accepted Time:: 2015-05-06 17:18:22
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
1206764	C Joel Phillips	6308 Nw 81St Boulevard Gainesville FL 32653	Cfo And Treasurer	No	Yes	No	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	Acquisiton	2015-05-04	2,700	$14.12	85,580	No	4	M	Direct
Common Stock	Disposition	2015-05-04	2,700	$21.67	82,880	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2015-05-04	2,700	$14.12	10,000	$14.12

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,300	2005-11-30	2015-05-09	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	15,503	Indirect	by minor children

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)	$14.27	2011-12-18	2016-12-18	5,000	5,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$17.02	2013-02-16	2016-02-16	22,000	22,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$18.95	2014-02-28	2017-02-28	5,500	5,500	Direct
Common Stock	Incentive/Non-Qualified Option (right to buy)	$16.33	2017-02-22	2019-02-22	45,000	45,000	Direct
Commons Stock	Non-Qualified Option (right to buy)	$18.55	2018-02-25	2020-02-25	26,000	26,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$20.90	2019-05-09	2021-05-09	24,000	24,000	Direct
Common Stock	Non- Qualified Option (right to buy)	$23.28	2020-04-29	2022-04-29	20,000	20,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-12-18	5,000	5,000	Direct
2016-02-16	22,000	22,000	Direct
2017-02-28	5,500	5,500	Direct
2019-02-22	45,000	45,000	Direct
2020-02-25	26,000	26,000	Direct
2021-05-09	24,000	24,000	Direct
2022-04-29	20,000	20,000	Direct

Footnotes

Such in-the-money options were exercised by the Reporting Person in lieu of allowing such options to expire by their terms on May 9, 2015.
Such options are currently exercisable as regards 27,000 of the covered shares. The remaining shares are exercisable, as regards 9,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 9,000 of the covered shares, on the fifth anniversary of the date of grant.
Such options are currently exercisable as regards 10,400 of the covered shares. The remaining shares are exercisable, as regards 5,200 of the covered shares, on the third anniversary of the date of grant, as regards 5,200 of the covered shares on the fourth anniversary of the date of grant, and as regards 5,200 of the covered shares, on the fifth anniversary of the date of grant.
Such 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.
Such options are exercisable as regards 4,000 of the covered shares, on the first anniversary of the date of grant, as regards 4,000 of the covered shares, on the second anniversary of the date of grant, 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.