Ward W. Woods Jr. - 06 Mar 2023 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
Director
Signature
/s/ Tyson E. Marshall, Attorney-in-Fact
Issuer symbol
ATEC
Transactions as of
06 Mar 2023
Net transactions value
-$249
Form type
4
Filing time
08 Mar 2023, 18:47:46 UTC
Previous filing
17 Jun 2022
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 Options Exercise $1,888,890 +539,683 +33% $3.50* 2,174,604 06 Mar 2023 By The Woods 1994 Family Partnership, LP
transaction ATEC Common Stock Tax liability $1,889,139 -118,293 -5.4% $15.97 2,056,311 06 Mar 2023 By The Woods 1994 Family Partnership, LP F1
holding ATEC Common Stock 112,505 06 Mar 2023 Direct

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) Options Exercise $0 -539,683 -100% $0.000000* 0 06 Mar 2023 Common Stock 539,683 $3.50 By The Woods 1994 Family Limited Partnership
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 6, 2023, the reporting person exercised warrants to purchase 539,683 shares of the issuer's common stock for $3.50 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 118,293 of the warrant shares to pay the exercise price and issuing to the reporting person 421,390 shares.