Major owner of Exactech just sold 5,000 shares


R William Petty, a major owner of Exactech and Exactech's CEO and Chairman and a director of the company, recently sold 5,000 shares of the company. The sales took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on December 12, 2013. Petty still owns 3,353,638 shares of the company. Petty operates out of Gainesville, . Some additional info was provided as follows:

Such options were granted to Dr. Petty's spouse, Betty A. Petty, Vice President, Administration and Facilities, of the Issuer. 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. 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. 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. 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. 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. 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.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Exactech director just disposed of 1,819 shares - Aug. 28, 2014

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