Sec Form 4 Filing - PETTY R WILLIAM @ EXACTECH INC - 2012-12-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
PETTY R WILLIAM
2. Issuer Name and Ticker or Trading Symbol
EXACTECH INC [ EXAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO and Chairman
(Last) (First) (Middle)
6717 NW 48TH LANE
3. Date of Earliest Transaction (MM/DD/YY)
12/03/2012
(Street)
GAINESVILLE32653
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/03/2012 S 7,690 D $ 16.36 3,366,252 I by Partnership
Common Stock 12/04/2012 S 6,358 D $ 16.2 3,359,894 I by Partnership
Common Stock 99,400 D
Common Stock 70,400 I by Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Natu re of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 14.46 11/30/2005 05/02/2013 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $ 18.6 11/30/2005 05/17/2014 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $ 13.4 11/30/2005 05/31/2015 Common Stock 20,000 20,000 D
Non-Qualified Stock Option (right to buy) $ 14.27 12/18/2011 12/18/2016 Common Stock 5,000 5,000 D
Non-Qualified Option (right to buy) $ 12.68 02/18/2012 02/18/2015 Common Stock 5,000 5,000 D
Non-Qualified Option (right to buy) $ 17.02 02/16/2013( 3 ) 02/16/2016 Common Stock 68,000 68,000 D
Non-Qualified Option (right to buy) $ 18.1 02/22/2012 02/22/2016 Common Stock 65,421 65,421 D
Non-Qualified Option (right to buy) $ 18.95 02/28/2014( 4 ) 02/28/2017 Common Stock 17,200 17,200 D
Non-Qualified Option (right to buy) $ 16.33 02/22/2017( 6 ) 02/22/2019 Common Stock 75,000 75,000 D
Non-Qualified Stock Option (right to buy) $ 14.46 11/30/2005 05/02/2013 Common Stock 10,000 10,000 I by Spouse ( 1 )
Non-Qualified Stock Option (right to buy) $ 18.6 11/30/2005 05/17/2014 Common Stock 15,000 15,000 I by Spouse ( 1 )
Non-Qualified Stock Option (right to buy) $ 14.12 11/30/2005 05/09/2015 Common Stock 30,000 30,000 I by Spouse ( 1 )
Non-Qualified Stock Option (right to buy) $ 14.27 12/18/2011 12/18/2016 Common Stock 5,000 5,000 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 12.68 02/18/2012 02/18/2015 Common Stock 5,000 5,000 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 17.02 02/16/2013( 2 ) 02/16/2016 Common Stock 11,000 11,000 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 18.95 02/28/2014( 5 ) 02/28/2017 Common Stock 2,800 2,800 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 16.33 02/22/2017( 7 ) 02/22/2019 Common Stock 11,900 11,900 I by Spouse ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PETTY R WILLIAM
6717 NW 48TH LANE
GAINESVILLE32653
X X CEO and Chairman
Signatures
/s/ William Petty 12/05/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Such options were granted to Dr. Petty's spouse, Betty A. Petty, Vice President, Administration and Facilities, of the Issuer.
( 2 )Such options are currently exercisable as regards 7,333 of the covered shares. The remaining options are excercisble on the third anniversary of the date of grant.
( 3 )Such options are currently exercisable as regards 45,333 of the covered shares. The remaining options are exercisable on the third anniversary of the date of grant.
( 4 )Such options are currently exercisable as regards 5,733 of the covered shares. The remaining options are exercisable, as regards 5,733 of the covered shares, on the second anniversary of the date of grant, and as regards 5,734 of the covered shares, on the third anniversary of the date of grant.
( 5 )Such options are currently exercisable as regards 933 of the covered shares. The remaining options are exercisable, as regards 933 of the covered shares, on the second anniversary of the date of grant, and as regards 934 of the covered shares, on the third anniversary of the date of grant.
( 6 )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.
( 7 )Such options are exercisable as regards 2,380 of the covered shares, on the first anniversary of the date of grant, 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.

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