Ward W. Woods Jr - Mar 6, 2023 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
Director
Signature
/s/ Tyson E. Marshall, Attorney-in-Fact
Stock symbol
ATEC
Transactions as of
Mar 6, 2023
Transactions value $
-$249
Form type
4
Date filed
3/8/2023, 06:47 PM
Previous filing
Jun 17, 2022
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Options Exercise $1.89M +540K +33.01% $3.50* 2.17M Mar 6, 2023 By The Woods 1994 Family Partnership, LP
transaction ATEC Common Stock Tax liability -$1.89M -118K -5.44% $15.97 2.06M Mar 6, 2023 By The Woods 1994 Family Partnership, LP F1
holding ATEC Common Stock 113K Mar 6, 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 -540K -100% $0.00* 0 Mar 6, 2023 Common Stock 540K $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.