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
  1. 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.
  2. 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.
  3. 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.
  4. Such options were granted to Mrs. Petty's spouse, Dr. William Petty, Executive Chairman of the Board, of the Issuer.