Filing Details
- Accession Number:
- 0000913165-18-000032
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-16 16:13:22
- Reporting Period:
- 2018-02-14
- Accepted Time:
- 2018-02-16 16:13:22
- 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 |
|---|---|---|---|---|---|---|---|
| 1206758 | A Betty Petty | 6717 Nw 48Th Lane Gainesville FL 32653 | Vice President, Administration | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2018-02-14 | 2,300,000 | $0.00 | 780,271 | No | 4 | S | Indirect | by Partnership |
| Common Stock | Disposition | 2018-02-14 | 780,271 | $49.25 | 0 | No | 4 | S | Indirect | by Partnership |
| Common Stock | Disposition | 2018-02-14 | 75,400 | $0.00 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-02-14 | 102,400 | $0.00 | 0 | No | 5 | S | Indirect | by Spouse |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | by Partnership |
| No | 4 | S | Indirect | by Partnership |
| No | 4 | S | Direct | |
| No | 5 | S | Indirect | by Spouse |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 11,900 | $49.25 | 11,900 | $16.33 |
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 3,000 | $49.25 | 3,000 | $18.55 |
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 8,000 | $49.25 | 8,000 | $20.90 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-02-14 | 6,000 | $49.25 | 6,000 | $23.28 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-02-14 | 5,000 | $49.25 | 5,000 | $30.50 |
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 75,000 | $49.25 | 75,000 | $16.33 |
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 75,000 | $49.25 | 75,000 | $18.55 |
| Common Stock | Non-Qualified Option (right to buy) | Disposition | 2018-02-14 | 55,217 | $49.25 | 55,217 | $20.90 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-02-14 | 50,000 | $49.25 | 50,000 | $23.28 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-02-14 | 42,000 | $49.25 | 42,000 | $30.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-02-22 | 2019-02-22 | No | 4 | S | Direct |
| 0 | 2018-02-25 | 2020-02-25 | No | 4 | S | Direct |
| 0 | 2019-05-09 | 2021-05-09 | No | 4 | S | Direct |
| 0 | 2020-04-29 | 2022-04-29 | No | 4 | S | Direct |
| 0 | 2022-05-03 | 2024-05-03 | No | 4 | S | Direct |
| 0 | 2017-02-22 | 2019-02-22 | No | 4 | S | Indirect |
| 0 | 2018-02-25 | 2020-02-25 | No | 4 | S | Indirect |
| 0 | 2019-05-09 | 2021-05-09 | No | 4 | S | Indirect |
| 0 | 2020-04-29 | 2022-04-29 | No | 4 | S | Indirect |
| 0 | 2022-05-03 | 2024-05-03 | No | 4 | S | Indirect |
Footnotes
- Shares were disposed of pursuant to an Agreement and Plan of Merger, dated October 22, 2017, as amended by Amendment No.1 dated as of December 3, 2017, by and among Osteon Holdings, L.P. ("Parent"), Osteon Merger Sub, Inc., an indirect wholly owned subsidiary of Parent , and Exactech, Inc., in exchange for equity interests in Parent, each with value equal to or less than $49.25, on the effective date of the merger.
- Shares were disposed of pursuant to an Agreement and Plan of Merger, dated October 22, 2017, as amended by Amendment No.1 dated as of December 3, 2017, by and among Osteon Holdings, L.P., Osteon Merger Sub, Inc., an indirect wholly owned subsidiary of Parent , and Exactech, Inc., in exchange for $49.25 per share on the effective date of the merger.
- Pursuant to the Agreement and Plan of Merger, dated October 22, 2017, as amended by Amendment No.1 dated as of December 3, 2017, by and among Osteon Holdings, L.P., Osteon Merger Sub, Inc., an indirect wholly owned subsidiary of Parent, and Exactech, Inc., the option was canceled in exchange for a cash payment equal to $49.25 per share underlying such option minus the per share exercise price of the option, less any required withholding of taxes.
- Such options were granted to Mrs. Petty's spouse, Dr. William Petty, Executive Chairman of the Board, of the Issuer.
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