Sec Form 4 Filing - PETTY BETTY A @ EXACTECH INC - 2013-02-28

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 BETTY A
2. Issuer Name and Ticker or Trading Symbol
EXACTECH INC [ EXAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President, Administration
(Last) (First) (Middle)
6717 NW 48TH LANE
3. Date of Earliest Transaction (MM/DD/YY)
02/28/2013
(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 02/28/2013 S 9,400 D $ 18.63 3,319,438 I by Partnership
Common Stock 03/01/2013 S 3,700 D $ 18.21 3,315,738 I by Partnership
Common Stock 70,400 D
Common Stock 99,400 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. Nature of Indirect Bene ficial 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 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $ 18.6 11/30/2005 05/17/2014 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $ 14.12 11/30/2005 05/09/2015 Common Stock 30,000 30,000 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 02/16/2016 Common Stock 11,000 11,000 D
Non-Qualified Option (right to buy) $ 18.95 02/28/2014( 2 ) 02/28/2017 Common Stock 2,800 2,800 D
Non-Qualified Option (right to buy) $ 16.33 02/22/2017( 4 ) 02/22/2019 Common Stock 11,900 11,900 D
Non-Qualified Option (right to buy) $ 18.55 02/25/2018( 6 ) 02/25/2020 Common Stock 3,000 3,000 D
Non-Qualified Stock Option (right to buy) $ 14.46 11/30/2005 05/02/2013 Common Stock 15,000 15,000 I by Spouse ( 1 )
Non-Qualified Stock Option (right to buy) $ 18.6 11/30/2005 05/17/2014 Common Stock 30,000 30,000 I by Spouse ( 1 )
Non-Qualified Stock Option (right to buy) $ 13.4 11/30/2005 05/31/2015 Common Stock 20,000 20,000 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 02/16/2016 Common Stock 68,000 68,000 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 18.1 02/22/2012 02/22/2016 Common Stock 65,421 65,421 I by Spouse ( 1 )
Non-Qualified Option (right to buy) $ 18.95 02/28/2014( 3 ) 02/28/2017 Common Stock 17,200 17,200 I By Spouse ( 1 )
Non-Qualified Option (right to buy) $ 16.33 02/22/2017( 5 ) 02/22/2019 Common Stock 75,000 75,000 I By Spouse ( 1 )
Non-Qualified Option (right to buy) $ 18.55 02/25/2018( 7 ) 02/25/2020 Common Stock 75,000 75,000 I By Spouse ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PETTY BETTY A
6717 NW 48TH LANE
GAINESVILLE32653
X Vice President, Administration
Signatures
/s/ Betty A. Petty 03/04/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Such options were granted to Mrs. Petty's spouse, Dr. William Petty, Chief Executive Officer and Chairman of the Board, of the Issuer.
( 2 )Such options are currently exercisable as regards 1,866 of the covered shares. The remaining shares are exercisable, as regards 934 of the covered shares, on the third anniversary of the date of grant.
( 3 )Such options are currently exercisable as regards 11,466 of the covered shares. The remaining shares are exercisable, as regards 5,734 of the covered shares, on the third anniversary of the date of grant.
( 4 )Such options are currently exercisable as regards 2,380 of the covered shares. The remaining shares are exercisable, 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.
( 5 )Such options are currently exercisable as regards 15,000 of the covered shares. The remaining shares are exercisable, 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.
( 6 )Such options are exercisable as regards 600 of the covered shares, on the first anniversary of the date of grant, as regards 600 of the covered shares, on the second anniversary of the date of grant, as regards 600 of the covered shares, on the third anniversary of the date of grant, 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.
( 7 )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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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