Sec Form 4 Filing - MILLER GARY J @ EXACTECH INC - 2012-09-25

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
MILLER GARY J
2. Issuer Name and Ticker or Trading Symbol
EXACTECH INC [ EXAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President, R&D
(Last) (First) (Middle)
531 SW 26TH PLACE
3. Date of Earliest Transaction (MM/DD/YY)
09/25/2012
(Street)
GAINESVILLE, FL32601
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 09/25/2012 S( 4 ) 4,400 D $ 17.66 360,537 I by Partnership
Common Stock 42,181 D
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. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 14.46 11/30/2005 05/02/2013 Common Stock 7,500 7,500 D
Incentive Stock Option (right to buy) $ 18.6 11/30/2005 05/17/2014 Common Stock 7,500 7,500 D
Incentive Stock Option (right to buy) $ 14.12 11/30/2005 05/09/2015 Common Stock 10,000 10,000 D
Non-Qualified 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) $ 19.93 11/29/2010 11/29/2012 Common Stock 10,000 10,000 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( 1 ) 02/16/2016 Common Stock 16,000 16,000 D
Non-Qualified Option (right to buy) $ 18.95 02/28/2014( 2 ) 02/28/2017 Common Stock 2,800 2,800 D
Incentive Stock Options (right to buy) $ 16.33 02/22/2017( 3 ) 02/22/2019 Common Stock 19,800 19,800 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MILLER GARY J
531 SW 26TH PLACE
GAINESVILLE, FL32601
Executive Vice President, R&D
Signatures
/s/ Gary J. Miller 09/27/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Such options are currently exercisable as regards 10,666 of the covered shares. The remaining options are exercisable on the third anniversary of the date of grant.
( 2 )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.
( 3 )Such options are exercisable as regards 3,960 of the covered shares, on the first anniversary of the date of grant, as regards 3,960 of the covered shares, on the second anniversary of the date of grant, as regards 3,960 of the covered shares, on the third anniversary of the date of grant, as regards 3,960 of the covered shares on the fourth anniversary of the date of grant, and as regards 3,960 of the covered shares, on the fifth anniversary of the date of grant.
( 4 )Such shares were sold pursuant to a 10b5-1 plan to sell a maximum of 37,500 shares, beginning April 9, 2012 and expiring December 31, 2012.

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