Evan Bakst - Jun 15, 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 15, 2022
Transactions value $
$364
Form type
4
Date filed
6/17/2022, 03:30 PM
Previous filing
Nov 30, 2021
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Exercise of in-the-money or at-the-money derivative security $800K +400K +50.87% $2.00* 1.19M Jun 15, 2022 Direct
transaction ATEC Common Stock Disposed to Issuer -$800K -117K -9.87% $6.83 1.07M Jun 15, 2022 Direct F1
transaction ATEC Common Stock Award $0 +18.5K +1.73% $0.00 1.09M Jun 15, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATEC Warrants (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -400K -100% $0.00* 0 Jun 15, 2022 Common Stock 400K $2.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by issuer to satisfy the exercise price for the warrant shares.
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-rata 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.