-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SRo466dPtt9S9j31c6XkrlMhvkNgzyaAhnklSBmDoEOOgGmaIXNjwOizsLRlGrly ykAbn8IuqnHuV7vwrA4niA== 0000911420-97-000012.txt : 19970226 0000911420-97-000012.hdr.sgml : 19970226 ACCESSION NUMBER: 0000911420-97-000012 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970225 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXACTECH INC CENTRAL INDEX KEY: 0000913165 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 592603930 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-50461 FILM NUMBER: 97542511 BUSINESS ADDRESS: STREET 1: 4613 NW 6TH ST CITY: GAINESVILLE STATE: FL ZIP: 32609 BUSINESS PHONE: 3523771140 MAIL ADDRESS: STREET 1: 4613 N W 6TH STREET CITY: GAINSVILLE STATE: FL ZIP: 32609 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PETTY R WILLIAM CENTRAL INDEX KEY: 0001034287 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 4613 N W 6TH STREET CITY: GAINESVILLE STATE: FL ZIP: 32609 BUSINESS PHONE: 3523771140 MAIL ADDRESS: STREET 1: 4613 N W 6TH STREET CITY: GAINESVILLE STATE: FL ZIP: 32609 SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 EXACTECH, INC. ________________________________________________________________ (Name of Issuer) Common Stock, Par Value $.01 Per Share ________________________________________________________________ (Title of Class of Securities) 30064E 10 9 ________________________________________________________________ (CUSIP Number) Fern S. Watts, Esq. Greenberg, Traurig, Hoffman, Lipoff, Rosen & Quentel, P.A. 1221 Brickell Avenue Miami, Florida 33131 (305) 579-0500 ________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 18, 1996 ________________________________________________________________ (Date of Event which Required Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. CUSIP No. 30064E 10 9 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person R. William Petty, M.D. and Betty Petty 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Source of Funds 00 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization U.S.A. Number of 7. Sole Voting Power 6,096 Shares(1) Shares Bene- ficially 8. Shared Voting Power 2,004,499 Shares Owned by Each Reporting 9. Sole Dispositive Power 6,096 Shares Person With 10. Shared Dispositive Power 2,004,499 Shares 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,010,595 Shares(2) 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 41.3%(3) 14. Type of Reporting Person IN _____________ (1) Represents shares of Common Stock subject to options to purchase Common Stock which are currently exercisable. (2) Such amount includes an aggregate of 2,004,499 shares of Common Stock owned by Petty Family Investments, Limited Partnership. (3) Calculated on the basis of (i) 4,858,527 shares of Common Stock issued and outstanding as of February 10, 1997 plus (ii) 6,096 shares of Common Stock issuable pursuant to options to purchase Common Stock which are currently exercisable. CUSIP No. 30064E 10 9 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Petty Family Investments, Limited Partnership 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Source of Funds 00 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Nevada, U.S.A. Number of 7. Sole Voting Power -0- Shares Bene- ficially 8. Shared Voting Power 2,004,499 Shares Owned by Each Reporting 9. Sole Dispositive Power -0- Person With 10. Shared Dispositive Power 2,004,499 Shares 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,004,499 Shares 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 41.3%(1) 14. Type of Reporting Person PN ________________ (1) Calculated on the basis of 4,858,527 shares of Common Stock outstanding as of February 10, 1997. Item 1. Security and Issuer. (a) This statement relates to the shares of Common Stock (the "Common Stock"), $.01 par value per share, of Exactech, Inc., a Florida corporation (the "Company"). (b) The principal executive offices of the Company are located at 4613 N.W. 6th Street, Gainesville, Florida 32609. Item 2. Identity and Background. Petty Family Investments, Limited Partnership Petty Family Investments, Limited Partnership is a Nevada limited partnership (the "Partnership"). The Partnership holds shares of the Company's Common Stock for investment purposes. The Partnership's principal offices are located at 502 E. John Street, Carson City, Nevada 89706. The Partnership has not, during the past five years, been convicted in a criminal proceeding. The Partnership has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in it being subject to a judgment, decree or final order enjoining future violations of, or which prohibited or mandated activities subject to, Federal or state securities laws or found any violation with respect to such laws. Petty Investments, Inc. Petty Investments, Inc., a Nevada corporation (the "Corporation"), is the general partner of the Partnership. The Corporation's principal offices are located at 502 E. John Street, Carson City, Nevada 89706. The Corporation has not, during the past five years, been convicted in a criminal proceeding. The Corporation has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in it being subject to a judgment, decree or final order enjoining future violations of, or which prohibited or mandated activities subject to, Federal or state securities laws or found any violation with respect to such laws. R. William Petty, M.D. and Betty Petty R. William Petty, M.D. and Betty Petty, his spouse, are the sole shareholders of Petty Investments, Inc., the sole general partner of the Partnership. Dr. Petty is the Chairman of the Board and Chief Executive Officer of the Company. The address of Dr. and Mrs. Petty is c/o Exactech, Inc., 4613 N.W. 6th Street, Gainesville, Florida 32609. Neither Dr. Petty nor Mrs. Petty has, during the past five years, been convicted in a criminal proceeding. Neither Dr. Petty nor Mrs. Petty has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in either of them being subject to a judgment, decree or final order enjoining future violations of, or which prohibited or mandated activities subject to, Federal or state securities laws or found any violation with respect to such laws. Dr. and Mrs. Petty are both citizens of the U.S.A. Item 3. Source and Amount of Funds or Other Consideration. Not Applicable. Item 4. Purpose of Transaction. On or about December 18, 1996, R. William Petty, M.D., Betty Petty and their adult children transferred an aggregate of 2,004,499 shares of Common Stock to the Partnership for family financial planning purposes. Item 5. Interest in Securities of the Issuer. (a) The Partnership owns 2,004,499 shares of Common Stock of the Company, or 41.3% of the issued and outstanding shares of such stock. The Corporation, as the sole general partner of the Partnership, has the power to vote and dispose of the Common Stock held by the Partnership and therefore, in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, is deemed the beneficial owner of all of the 2,004,499 shares of Common Stock held by the Partnership. R. William Petty, M.D. and Betty Petty, his spouse, as the sole shareholders, officers and directors of the Corporation, have the power to vote and dispose of all Common Stock controlled by the Corporation, and therefore, in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, are deemed the beneficial owners of all 2,004,499 shares of Common Stock beneficially owned by the Corporation. In addition, Dr. & Mrs. Petty are deemed the beneficial owners of 6,096 shares of Common Stock which are issuable pursuant to currently exercisable options to purchase Common Stock. (b) The Partnership has shared power to vote and dispose of the 2,004,499 shares of Common Stock held by it. The Corporation, as general partner of the Partnership, has the power to vote and dispose of the 2,004,499 shares of Common Stock held by the Partnership. R. William Petty, M.D. and Betty Petty, his spouse, as the sole shareholders and officers and directors of the Corporation, which is the general partner of the Partnership, have the power to direct the vote and disposition of the 2,004,499 shares of Common Stock held by the Partnership. In addition, Dr. & Mrs. Petty have the power to direct the vote and disposition of the 6,096 shares of Common Stock which are issuable pursuant to currently exercisable options to purchase Common Stock. (c) Not Applicable. (d) Not Applicable. (e) Not Applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Not Applicable. Item 7. Material to be Filed as Exhibits. None. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. DATED: February 12, 1997 /s/R. William Petty, M.D. R. William Petty, M.D. DATED: February 12, 1997 /s/Betty Petty Betty Petty PETTY FAMILY INVESTMENTS, LIMITED PARTNERSHIP By: Petty Investments, Inc., general partner DATED: February 12, 1997 By:/s/R. William Petty, M.D. R. William Petty, M.D., President CONSENT TO JOINT FILING R. William Petty, M.D., Betty Petty and Petty Family Investments, Limited Partnership hereby consent to the joint filing of this Schedule 13D on behalf of R. William Petty, M.D., Betty Petty and Petty Family Investments, Limited Partnership with respect to securities of the Issuer. DATED: February 12, 1997 /s/R. William Petty, M.D. R. William Petty, M.D. DATED: February 12, 1997 /s/Betty Petty Betty Petty PETTY FAMILY INVESTMENTS, LIMITED PARTNERSHIP By: Petty Investments, Inc. DATED: February 12, 1997 By:/s/R. William Petty, M.D. R. William Petty, M.D., President -----END PRIVACY-ENHANCED MESSAGE-----