Paul Segal - 12 Jun 2023 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
Director
Signature
/s/ Paul Segal
Issuer symbol
ATEC
Transactions as of
12 Jun 2023
Net transactions value
-$1,080,634
Form type
4
Filing time
16 Jun 2023, 16:54:35 UTC
Previous filing
22 May 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Sale $1,080,634 -71,329 -42% $15.15 100,000 12 Jun 2023 Direct F2
holding ATEC Common Stock 11,081,538 12 Jun 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Paul Segal directly (through his position as manager of L-5 Healthcare Partners, LLC ("L-5")) may be deemed to control L-5 and to have shared voting and investment power with respect to the shares beneficially owned by L-5. As such, Mr. Segal may be deemed to have shared beneficial ownership of the shares beneficially owned by L-5. Mr. Segal, however, disclaims beneficial ownership of such shares, except to the extent of his indirect pecuniary interest therein.
F2 Solely for purposes of Section 16 of the Exchange Act, Mr. Segal and L-5 may be deemed to be directors-by-deputization as a result of the service of Mr. Bakst on the board of directors of the Issuer.