PETTY DAVID W 4
4 · EXACTECH INC · Filed Feb 16, 2018
Insider Transaction Report
Form 4
EXACTECH INCEXAC
PETTY DAVID W
DirectorPresident
Transactions
- Sale
Non-Qualified Stock Option (right to buy)
2018-02-14$49.25/sh−13,150$647,638→ 0 totalExercise: $20.90From: 2019-05-09Exp: 2021-05-09→ Common Stock (13,150 underlying) - Sale
Incentive/Non-Qualified Stock Option (right to buy)
2018-02-14$49.25/sh−22,500$1,108,125→ 0 totalExercise: $16.33From: 2017-02-22Exp: 2019-02-22→ Common Stock (22,500 underlying) - Sale
Non-Qualified Stock Option (right to buy)
2018-02-14$49.25/sh−30,000$1,477,500→ 0 totalExercise: $23.28From: 2020-04-29Exp: 2022-04-29→ Common Stock (30,000 underlying) - Sale
Common Stock
2018-02-14$49.25/sh−15,622$769,384→ 0 total - Sale
Common Stock
2018-02-14−50,000→ 15,622 total - Sale
Incentive/Non-Qualified Stock Option (right to buy)
2018-02-14$49.25/sh−14,500$714,125→ 0 totalExercise: $18.55From: 2018-02-25Exp: 2020-02-25→ Common Stock (14,500 underlying) - Sale
Non-Qualified Stock Option (right to buy)
2018-02-14$49.25/sh−24,000$1,182,000→ 0 totalExercise: $30.50From: 2022-05-03Exp: 2024-05-03→ Common Stock (24,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.