L. Tullis James - Jun 13, 2022 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
Director
Signature
/s/ Tyson Marshall by power of attorney
Stock symbol
ATEC
Transactions as of
Jun 13, 2022
Transactions value $
$50,700
Form type
4
Date filed
6/15/2022, 04:56 PM
Previous filing
May 18, 2022
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Other $0 -600K -60.14% $0.00 398K Jun 13, 2022 By Tullis Dickerson Capital Focus III, LP F1
transaction ATEC Common Stock Other $0 +132K +53.13% $0.00 380K Jun 13, 2022 By Tullis-Dickerson Partners III, LLC F1
transaction ATEC Common Stock Award $0 +18.5K +11.48% $0.00 180K Jun 15, 2022 Direct F2
transaction ATEC Common Stock Purchase $50.7K +7.5K +4.17% $6.76 188K Jun 15, 2022 Direct F3
holding ATEC Common Stock 548K Jun 13, 2022 By Tullis Growth Fund, L.P.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2022, Tullis Dickerson Capital Focus III, LP distributed 600,000 shares to its partners on a pro rata basis (468,130 shares to its limited partners and 131,870 shares to its General Partner, Tullis-Dickerson Partners III, LLC).
F2 On June 15, 2022, issuer granted to the reporting person 18,546 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of issuer's common stock. The restricted stock units vest on the earlier of (a) the next annual meeting of stockholders and (b) the death or resignation of the reporting person. In the event of death or resignation of the reporting person, the grant will vest pro-rated based on the number of actual days served by the reporting person from the time of the grant to such death or resignation, divided by 365.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.75 to $6.77, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.