UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 11-K
x
Annual Report Pursuant To Section 15(d) Of
The
Securities Exchange Act of 1934
For the fiscal year ended December 31,
2016
OR
¨
Transition
Report Pursuant To Section 15(d) Of
The
Securities Exchange Act of 1934
For
the transition period from ________ to _________
Commission File Number 0-16093
(A) Full title of the plan and the address
of the plan, if different from that of
the issuer named below:
CONMED CORPORATION
Retirement Savings Plan
(B) Name of issuer of the securities
held
pursuant to the plan and the address
of its principal executive office:
CONMED CORPORATION
525 French Road
Utica, New York 13502
CONMED Corporation
Retirement Savings Plan
Index to Financial Statements
December 31, 2016 and 2015
|
|
*
|
All other schedules required by 29 CFR 2520.103-10 of the Department of Labor’s Rules and
Regulations for Reporting and Disclosure under ERISA have been omitted because they are not applicable.
|
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Participants and Administrator of
CONMED Corporation Retirement Savings Plan
We have audited the accompanying statements
of net assets available for benefits of CONMED Corporation Retirement Savings Plan (the Plan) as of December 31, 2016 and 2015,
and the related statement of changes in net assets available for benefits for the year ended December 31, 2016. These financial
statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial
statements based on our audits.
We conducted our audits in accordance with
the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements
referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31,
2016 and 2015, and the changes in net assets available for benefits for the year ended December 31, 2016, in conformity with accounting
principles generally accepted in the United States of America.
The supplemental information in the accompanying
schedule of assets (held at end of year) as of December 31, 2016 has been subjected to audit procedures performed in conjunction
with the audit of the Plan’s financial statements. The supplemental information is presented for the purpose of additional
analysis and is not a required part of the financial statements but includes supplemental information required by the Department
of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.
The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether
the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable,
and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In
forming our opinion on the supplemental information in the accompanying schedule, we evaluated whether the supplemental information,
including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting
and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly
stated in all material respects in relation to the financial statements as a whole.
|
/s/
|
Insero & Co. CPAs, LLP
|
|
|
|
Certified Public Accountants
|
|
|
|
|
|
|
|
Rochester, New York
|
|
|
|
June 19, 2017
|
|
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
|
|
Statements of Net Assets Available for Benefits
|
|
December 31, 2016 and 2015
|
|
|
|
2016
|
|
|
2015
|
|
|
Assets
|
|
|
|
|
|
|
|
|
|
Investments, at Fair Value
|
|
|
|
|
|
|
|
|
|
Mutual Funds
|
|
$
|
147,987,645
|
|
|
$
|
143,212,448
|
|
|
Common Collective Trust
|
|
|
10,673,453
|
|
|
|
10,033,384
|
|
|
Common Stock
|
|
|
7,977,855
|
|
|
|
8,993,565
|
|
|
Preferred Stock
|
|
|
146,348
|
|
|
|
213,673
|
|
|
Corporate Bonds
|
|
|
115,098
|
|
|
|
86,438
|
|
|
Money Market Funds
|
|
|
9,092,557
|
|
|
|
9,079,869
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments, at Fair Value
|
|
|
175,992,956
|
|
|
|
171,619,377
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-interest Bearing Cash
|
|
|
-
|
|
|
|
8,730
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes Receivable from Participants
|
|
|
4,960,625
|
|
|
|
5,058,088
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Receivable
|
|
|
19,654
|
|
|
|
22,811
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets
|
|
|
180,973,235
|
|
|
|
176,709,006
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
|
Other Liabilities
|
|
|
57,649
|
|
|
|
49,708
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities
|
|
|
57,649
|
|
|
|
49,708
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets Available for Benefits
|
|
$
|
180,915,586
|
|
|
$
|
176,659,298
|
|
The accompanying notes are an integral part
of the financial statements.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
|
|
Statement of Changes in Net Assets Available for Benefits
|
|
Year Ended December 31, 2016
|
|
Additions to net assets attributed to:
|
|
|
|
|
|
Net appreciation in fair value of investments
|
|
$
|
6,050,859
|
|
|
Interest and dividends
|
|
|
5,369,211
|
|
|
Interest on notes receivable from participants
|
|
|
225,389
|
|
|
Contributions:
|
|
|
|
|
|
Participants
|
|
|
13,087,846
|
|
|
Employer
|
|
|
7,271,279
|
|
|
|
|
|
|
|
|
Total additions
|
|
|
32,004,584
|
|
|
|
|
|
|
|
|
Deductions from net assets attributed to:
|
|
|
|
|
|
Administrative expenses
|
|
|
(88,408
|
)
|
|
Distributions to participants
|
|
|
(27,659,888
|
)
|
|
|
|
|
|
|
|
Total deductions
|
|
|
(27,748,296
|
)
|
|
|
|
|
|
|
|
Net increase
|
|
|
4,256,288
|
|
|
|
|
|
|
|
|
Net assets available for benefits at beginning of year
|
|
|
176,659,298
|
|
|
|
|
|
|
|
|
Net assets available for benefits at end of year
|
|
$
|
180,915,586
|
|
The accompanying notes are an integral part
of the financial statements.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
|
|
1.
|
Establishment and Description of Plan
|
Effective
January 1992, CONMED Corporation (the "Company") established the CONMED Corporation Retirement Savings Plan (the "Plan").
The Plan is a defined contribution plan covering all employees of the Company and its subsidiaries who meet the service requirements
set forth in the Plan document. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA").
The following brief description of the Plan is provided for general information purposes only. Participants should refer to the
Plan agreement for more complete information.
Administration of the Plan
The Company
serves as Plan Administrator with full power, authority and responsibility to control and manage the operation and administration
of the Plan.
Contributions
A participant
can contribute 1 to 50 percent of his or her annual compensation, as defined, up to the maximum annual limitations as provided
by the Internal Revenue Code (“IRC”). Participants who have attained age 50 before the end of the Plan year are eligible
to make catch-up contributions. Participants may also contribute amounts representing distributions from other qualified plans.
The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless
they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 3%
of eligible compensation and their contribution invested in a designated balanced fund until changed by the participant. Effective
January 1, 2015, the pre-tax contribution of an employee who is contributing less than 7% of the employee’s annual compensation,
as defined in the plan document, will automatically increase annually in 1% increments until the employee’s pre-tax contribution
election reaches 7% of annual compensation, provided the employee has not elected to opt-out of the automatic increase feature.
The Company matches 100% of each participant's contribution up to a maximum of 7% of participant compensation. Forfeitures
of terminated participants’ non-vested accounts are used to reduce employer contributions or to pay Plan expenses. Forfeitures
reduced employer contributions by approximately $373,268 in 2016. At December 31, 2016 and 2015, forfeited non-vested accounts
totaled $701 and $1,270, respectively.
Participant Accounts
Each participant's
account is credited with the participant's contribution and allocation of (a) the Company's contribution, (b) Plan earnings and
(c) administrative expenses. Allocations are based on participant earnings or account balances, as defined. The benefit to which
a participant is entitled is the benefit that can be provided from the participant's vested account.
Vesting
Each participant
is immediately vested in his or her voluntary contributions plus earnings thereon. A participant vests at 20% per year of service
and becomes fully vested in the remainder of his or her account upon the completion of five years of service.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
Investment Options
Participants
are allowed to invest in a variety of investment choices, including a self-directed brokerage account, as more fully described
in the Plan literature. Participants may change their investment options on a daily basis.
Notes Receivable from Participants
A participant
may obtain a loan between $500 and $50,000, limited to 50 percent of his or her vested account balance. Each loan bears interest
at prime plus 1 percent and is secured by the balance in the participant's account. Repayment is required over a period not to
exceed five years or up to fifteen years where the loan is for the purchase of a primary residence. Loan repayments are allocated
among the investment options consistent with the participant's contribution investment election.
Payment of Benefits
Participants
or their beneficiaries are eligible to receive benefits under the Plan upon normal retirement, death, total and permanent disability
or termination for any reason including those previously mentioned. The Plan also provides for withdrawals by participants prior
to termination. Benefits are payable in accordance with the Plan agreement.
Plan Termination
While the
Company anticipates and believes that the Plan will continue, it reserves the right to discontinue the Plan subject to the provisions
of ERISA. In the event of Plan termination, participants will become 100 percent vested in their accounts.
|
|
2.
|
Significant Accounting Policies
|
Basis of Accounting
The accounts
of the Plan are maintained on the accrual basis of accounting in accordance with accounting principles generally accepted in the
United States of America.
Recent Accounting Pronouncements
In May
2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) 2015-07, “Disclosures
for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)”. This ASU removes the
requirement to categorize within the fair value hierarchy all investments for which fair value is measured using net asset value
(NAV) per share as a practical expedient. The amendments also remove the requirement to make certain disclosures for all investments
that are eligible to be measured at fair value using the NAV per share practical expedient. This ASU is effective for the Plan
beginning January 1, 2016. The Plan has elected to adopt this ASU on a retrospective basis as of December 31, 2016. Accordingly,
the fair value information as of December 31, 2015 disclosed in Note 2 has been modified to reflect this change.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
Notes
Receivable from Participants
Notes
receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes
receivable from participants are reclassified as distributions based upon the terms of the Plan document.
Investment Valuation and
Income Recognition
Investments
are reported at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in
an orderly transaction between market participants at the measurement date.
The
FASB guidance defines fair value and establishes a framework for measuring fair value and related disclosure requirements. The
FASB defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price)
in the principal or most advantageous market for the asset or liability in an orderly transaction value hierarchy which requires
an entity to maximize the use of observable inputs when measuring fair value. The framework provides a fair value hierarchy that
prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted
quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable
inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:
|
|
Level 1 -
|
Inputs to the valuation methodology are unadjusted quoted
prices for identical assets or liabilities in active markets that the Plan has the ability to access.
|
|
|
Level 2 -
|
Inputs to the valuation methodology include:
|
|
|
•
|
Quoted prices for similar assets or liabilities in active markets;
|
|
|
•
|
Quoted prices for identical or similar assets or liabilities in inactive markets;
|
|
|
•
|
Inputs other than quoted prices that are observable for the asset or liability;
|
|
|
•
|
Inputs that are derived principally from, or corroborated by, observable market data by correlation or other means.
|
If the
asset or liability has a specified (contractual) term, the level 2 input must be observable for substantially the full term of
the asset or liability.
|
|
Level 3 -
|
Inputs to the valuation methodology are unobservable
and significant to the fair value measurement.
|
The
asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input
that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and
minimize the use of unobservable inputs.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
Following
is a description of the valuation methodologies used for investments measured at fair value. There have been no changes in the
methodologies used at December 31, 2016 and 2015.
Mutual Funds
These investments are valued
using the Net Asset Value (“NAV”) provided by the administrator of the fund. The NAV is based on the value of the underlying
assets owned by the fund, minus its liabilities, and then divided by the number of shares outstanding. The NAV is a quoted price
in an active market and classified within level 1 of the valuation hierarchy.
Common Collective Trust
These investments are valued
at NAV provided by the administrator of the fund. The NAV is used as a practical expedient to estimate fair value and is obtained
from information provided by the investment advisor using the audited financial statements of the common collective trust at year
end.
Common Stock
Common stock is valued at the
closing price reported on the common stock’s respective stock exchange and is classified within level 1 of the valuation
hierarchy.
Preferred Stock
Preferred stock is valued at
the closing price reported on the New York Stock Exchange and is classified within level 1 of the valuation hierarchy.
Corporate Bonds
Corporate Bonds are valued at
the closing price reported on the active market on which the individual securities are traded and is classified within level 1
of the valuation hierarchy.
Money Market Funds
These investments are valued
using $1 for the NAV. The money market funds are classified within level 2 of the valuation hierarchy.
The methods
described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future
fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants,
the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in
a different fair value measurement at the reporting date.
The following
table sets forth by level, within the fair value hierarchy, the Plan's investments at fair value:
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
|
|
|
Investments at Fair Value as of December 31, 2016
|
|
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Total
|
|
|
Mutual Funds
|
|
$
|
147,987,645
|
|
|
$
|
-
|
|
|
$
|
147,987,645
|
|
|
Common Stock
|
|
|
7,977,855
|
|
|
|
-
|
|
|
|
7,977,855
|
|
|
Preferred Stock
|
|
|
146,348
|
|
|
|
-
|
|
|
|
146,348
|
|
|
Corporate Bonds
|
|
|
115,098
|
|
|
|
-
|
|
|
|
115,098
|
|
|
Money Market Funds
|
|
|
-
|
|
|
|
9,092,557
|
|
|
|
9,092,557
|
|
|
Investments measured at fair value
|
|
|
156,226,946
|
|
|
|
9,092,557
|
|
|
|
165,319,503
|
|
|
Investments measured at NAV as a practical expedient (a)
|
|
|
|
|
|
|
|
|
|
|
10,673,453
|
|
|
Total investments at fair value
|
|
|
|
|
|
|
|
|
|
$
|
175,992,956
|
|
|
|
|
Investments at Fair Value as of December 31, 2015
|
|
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Total
|
|
|
Mutual Funds
|
|
$
|
143,212,448
|
|
|
$
|
-
|
|
|
$
|
143,212,448
|
|
|
Common Stock
|
|
|
8,993,565
|
|
|
|
-
|
|
|
|
8,993,565
|
|
|
Preferred Stock
|
|
|
213,673
|
|
|
|
-
|
|
|
|
213,673
|
|
|
Corporate Bonds
|
|
|
86,438
|
|
|
|
-
|
|
|
|
86,438
|
|
|
Money Market Funds
|
|
|
-
|
|
|
|
9,079,869
|
|
|
|
9,079,869
|
|
|
Investments measured at fair value
|
|
|
152,506,124
|
|
|
|
9,079,869
|
|
|
|
161,585,993
|
|
|
Investments measured at NAV as a practical expedient (a)
|
|
|
|
|
|
|
|
|
|
|
10,033,384
|
|
|
Total investments at fair value
|
|
|
|
|
|
|
|
|
|
$
|
171,619,377
|
|
(a) In accordance with Subtopic 820-10,
certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient
have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation
of the fair value hierarchy to the amounts presented in the statement of net assets available for benefits.
Purchases
and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date. Interest is recorded
on the accrual basis. Net appreciation includes the Plan's gains and losses on investments bought and sold as well as held during
the year.
Contributions
Participant
contributions and matching employer contributions are recorded in the period during which the Company makes payroll deductions
from the participants’ earnings.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
Administrative Expenses
The Plan’s
administrative expenses are paid by either the Plan or the Plan’s Sponsor as defined in the Plan document.
Payment of Benefits
Benefit
payments to participants are recorded upon distribution.
Use of Estimates
The preparation
of the Plan’s financial statements in conformity with accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein,
and disclosures of contingent assets and liabilities. Actual results could differ from those estimates.
Risks and Uncertainties
The Plan
invests in various investment securities. Investment securities are exposed to various risks, such as interest rate, market and
credit risks. Due to the level of risk associated with these investments, it is at least reasonably possible that changes in their
values will occur in the near term and that such changes could materially affect participants’ account balances and the amounts
reported in the Statements of Net Assets Available for Benefits.
The trust
established under the Plan to hold the Plan’s assets is qualified pursuant to the appropriate section of the IRC, and, accordingly,
the trust’s net investment income is exempt from income taxes. The Plan has obtained a favorable tax determination letter,
dated January 11, 2013, from the Internal Revenue Service (“IRS”). The Plan was last amended in January 2016. The Plan
Administrator and the Plan’s tax counsel believe that the Plan, as amended, is designed, and is currently being operated,
in compliance with the applicable requirements of the IRC.
Accounting
principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the Plan
and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained
upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan and has concluded that as
of December 31, 2016, there are no uncertain positions taken, or expected to be taken, that would require recognition of a liability
(or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there
are currently no audits for any tax periods in progress.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Notes to Financial Statements
|
|
December 31, 2016 and 2015
|
|
|
4.
|
Transactions with Parties-in-Interest
|
As of December 31,
2016 and 2015, the Plan held certain securities issued by the Company as follows:
|
|
|
December 31, 2016
|
|
|
December 31, 2015
|
|
|
|
|
Number
of
Shares
|
|
|
Fair
Value
|
|
|
Number
of
Shares
|
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONMED Corporation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock
|
|
|
96,353
|
|
|
$
|
4,255,912
|
|
|
|
113,362
|
|
|
$
|
4,993,596
|
|
In addition,
certain assets of the Plan are invested in funds managed by Fidelity. Fidelity is the trustee of the Plan and, therefore, is considered
to be a party-in-interest. Notes receivable from participants also qualify as party-in-interest transactions.
|
CONMED Corporation
|
|
Retirement Savings Plan
|
|
Schedule H, line 4i - Schedule of Assets (Held at End of Year)
|
|
December 31, 2016
|
|
|
|
Current
|
|
|
Identity of Issue/Description of Investment
|
|
Value
|
|
|
|
|
|
|
|
Janus Enterprise Fund Class N
|
|
$
|
13,376,690
|
|
|
Fidelity Puritan Fund**
|
|
|
13,065,381
|
|
|
Fidelity 500 Index Fund**
|
|
|
12,484,019
|
|
|
Fidelity Managed Income Portfolio Fund**
|
|
|
10,673,453
|
|
|
Fidelity Low-Priced Stock Fund**
|
|
|
9,446,987
|
|
|
MFS Value Fund R6
|
|
|
8,734,623
|
|
|
Fidelity Investment Grade Bond**
|
|
|
8,590,493
|
|
|
Fidelity Freedom K 2025**
|
|
|
8,507,749
|
|
|
Fidelity Retirement Money Market Government Fund**
|
|
|
7,118,900
|
|
|
Fidelity Freedom K 2030**
|
|
|
7,077,479
|
|
|
Participant - Directed Brokerage Link Account
|
|
|
7,014,192
|
|
|
Fidelity Capital Appreciation Fund Class K**
|
|
|
6,754,353
|
|
|
Fidelity Freedom K 2020**
|
|
|
6,724,361
|
|
|
Fidelity Freedom K 2040**
|
|
|
6,591,703
|
|
|
Fidelity Diversified International Fund Class K**
|
|
|
6,528,904
|
|
|
Fidelity Freedom K 2045**
|
|
|
6,286,323
|
|
|
Fidelity Freedom K 2035**
|
|
|
5,807,301
|
|
|
T. Rowe Price Dividend Growth Fund
|
|
|
5,355,556
|
|
|
Fidelity Freedom K 2050**
|
|
|
4,452,568
|
|
|
CONMED Corporation Common Stock **
|
|
|
4,255,912
|
|
|
Vanguard Total Bond Market Admiral Fund
|
|
|
3,524,539
|
|
|
JP Morgan U.S. Small Company Fund Class R6
|
|
|
2,479,883
|
|
|
Fidelity Freedom K 2015**
|
|
|
2,106,836
|
|
|
Fidelity Global ex U.S. Index Fund Premium Class**
|
|
|
1,849,631
|
|
|
Delaware Small Cap Value Institutional Fund
|
|
|
1,775,585
|
|
|
Fidelity Extended Market Index Fund Premium Class**
|
|
|
1,467,128
|
|
|
Fidelity Freedom K 2055**
|
|
|
1,014,385
|
|
|
WF Emerging Markets Equity Fund R6
|
|
|
923,239
|
|
|
Fidelity Freedom K Income Fund**
|
|
|
908,246
|
|
|
Fidelity Freedom K 2010**
|
|
|
624,139
|
|
|
Interest Bearing Cash Accounts
|
|
|
337,386
|
|
|
Fidelity Freedom K 2060**
|
|
|
89,580
|
|
|
Fidelity Freedom K 2005**
|
|
|
45,432
|
|
|
|
|
|
|
|
|
Notes receivable from participants, interest rates from
|
|
|
|
|
|
4.25% to 9.25% and maturities from 2017 to 2030**
|
|
|
4,960,625
|
|
|
|
|
|
|
|
|
|
|
$
|
180,953,581
|
|
|
|
**
|
Denotes party-in-interest
|
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Plan Administrator has duly caused this Annual Report to be signed by the undersigned
hereunto duly authorized.
|
|
CONMED CORPORATION
|
|
|
Retirement Savings Plan
|
|
|
|
|
|
By:
|
/s/ Luke A. Pomilio
|
|
|
Name:
|
Luke A. Pomilio
|
|
|
Title:
|
Executive Vice President – Finance and Chief Financial Officer
|
Date: June 19, 2017
CONMED (NASDAQ:CNMD)
Historical Stock Chart
From Mar 2024 to Apr 2024
CONMED (NASDAQ:CNMD)
Historical Stock Chart
From Apr 2023 to Apr 2024
