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Filing Details

Accession Number:: 0001209191-17-014339
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-02-24 16:31:05
Reporting Period:: 2017-02-22

Filing Date:: 2017-02-24
Accepted Time:: 2017-02-24 16:31:05
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
1034287	William R Petty	6717 Nw 48Th Lane Gainesville FL 32653	Executive Chairman	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	2017-02-22	17,200	$18.95	121,600	No	4	M	Direct
Common Stock	Disposition	2017-02-22	17,200	$24.07	104,400	No	4	S	Direct
Common Stock	Acquisiton	2017-02-22	2,800	$18.95	78,200	No	4	M	Indirect	by Spouse
Common Stock	Disposition	2017-02-22	2,800	$24.76	75,400	No	4	S	Indirect	by Spouse

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Option (right to buy)	Disposition	2017-02-22	17,200	$18.95	17,200	$18.95
Common Stock	Non-Qualified Option (right to buy)	Disposition	2017-02-22	2,800	$18.95	2,800	$18.95

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2014-02-28	2017-02-28	No	4	M	Direct
0	2014-02-28	2017-02-28	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,080,271	Indirect	by Partnership

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 Option (right to buy)	$16.33	2017-02-22	2019-02-22	75,000	75,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$18.55	2018-02-25	2020-02-25	75,000	75,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$20.90	2019-05-09	2021-05-09	55,217	55,217	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$23.28	2020-04-29	2022-04-29	50,000	50,000	Direct
Common Stock	Non-Qualified Option (right to buy)	$16.33	2017-02-22	2019-02-22	11,900	11,900	Indirect
Common Stock	Non-Qualified Option (right to buy)	$18.55	2018-02-25	2020-02-25	3,000	3,000	Indirect
Common Stock	Non-Qualified Option (right to buy)	$20.90	2019-05-09	2021-05-09	8,000	8,000	Indirect
Common Stock	Non-Qualified Stock Option (right to buy)	$23.28	2020-04-29	2022-04-29	6,000	6,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2019-02-22	75,000	75,000	Direct
2020-02-25	75,000	75,000	Direct
2021-05-09	55,217	55,217	Direct
2022-04-29	50,000	50,000	Direct
2019-02-22	11,900	11,900	Indirect
2020-02-25	3,000	3,000	Indirect
2021-05-09	8,000	8,000	Indirect
2022-04-29	6,000	6,000	Indirect

Footnotes

Such options are currently exercisable as regards 45,000 of the covered shares. The remaining options are exercisable, 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 currently exercisable as regards 22,086 of the covered shares. The remaining options are exercisable, as regards 11,043 of the covered shares, on the third anniversary of the date of grant, as regards 11,044 of the covered shares on the fourth anniversary of the date of grant, and as regards 11,044 of the covered shares, on the fifth anniversary of the date of grant.
Such options are currently exercisable as regards 10,000 of the covered shares. The remaining options are exercisable, as regards 10,000 of the covered shares, on the second anniversary of the date of grant, as regards 10,000 of the covered shares, on the third anniversary of the date of grant, as regards 10,000 of the covered shares on the fourth anniversary of the date of grant, and as regards 10,000 of the covered shares, on the fifth anniversary of the date of grant.
Such options were granted to Dr. Petty's spouse, Betty A. Petty, Vice President, Administration and Facilities, of the Issuer.
Such options are currently exercisable as regards 1,800 of the covered shares. The remaining options are exercisable, 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 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.
Such 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.