Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEC | Common Stock | Award | $0 | +76.6K | +23.7% | $0.00 | 400K | Feb 1, 2023 | Direct | F1, F2 |
transaction | ATEC | Common Stock | Award | $0 | +50.1K | +12.52% | $0.00 | 450K | Feb 1, 2023 | Direct | F1, F3 |
transaction | ATEC | Common Stock | Award | $0 | +25K | +5.56% | $0.00 | 475K | Feb 1, 2023 | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit (RSU) represents a contingent right to receive one share of the issuer's common stock. |
F2 | On February 1, 2023, the issuer awarded 76,638 RSUs to the reporting person upon confirmation by the issuer's compensation committee of satisfaction of certain performance criteria for the fiscal year ended December 31, 2022. The RSUs vest in three equal installments on each of February 24, 2023, February 24, 2024 and February 24, 2025. |
F3 | On February 1, 2023, the issuer granted to the reporting person 50,083 RSUs, subject to stockholder approval of an amendment to issuer's 2016 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by an amount sufficient to cover such grant. The RSUs vest in three equal installments on each of the first three anniversaries of the grant date. |
F4 | On February 1, 2023, the issuer granted to the reporting person 25,041 RSUs, subject to stockholder approval of an amendment to issuer's 2016 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by an amount sufficient to cover such grant. The RSUs vest on the third anniversary of the grant date; provided, however, that no portion of such RSUs shall vest unless the publicly-traded stock price for the issuer's common stock at the close of the market on such third anniversary date is equal to or greater than $24 per share (representing a 81% increase in the price per share as of the grant date). |