Evan Bakst - 15 Jun 2022 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
Director
Signature
/s/ Tyson Marshall by power of attorney
Issuer symbol
ATEC
Transactions as of
15 Jun 2022
Net transactions value
+$364
Form type
4
Filing time
17 Jun 2022, 15:30:46 UTC
Previous filing
30 Nov 2021
Next filing
21 Jun 2023
SEC
View on sec.gov

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 $800,000 +400,000 +51% $2.00* 1,186,361 15 Jun 2022 Direct
transaction ATEC Common Stock Disposed to Issuer $799,636 -117,077 -9.9% $6.83 1,069,284 15 Jun 2022 Direct F1
transaction ATEC Common Stock Award $0 +18,546 +1.7% $0.000000 1,087,830 15 Jun 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 -400,000 -100% $0.000000* 0 15 Jun 2022 Common Stock 400,000 $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.