Patrick Miles - Sep 18, 2023 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Signature
/s/ Tyson E. Marshall, Attorney-in-Fact
Stock symbol
ATEC
Transactions as of
Sep 18, 2023
Transactions value $
-$2,415,000
Form type
4
Date filed
9/20/2023, 05:26 PM
Previous filing
May 12, 2023
Next filing
Sep 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Sale -$809K -60K -1.03% $13.48 5.75M Sep 18, 2023 Direct F1, F2
transaction ATEC Common Stock Sale -$805K -60K -1.04% $13.42 5.69M Sep 19, 2023 Direct F1, F3
transaction ATEC Common Stock Sale -$801K -60K -1.05% $13.35 5.63M Sep 20, 2023 Direct F1, F4
holding ATEC Common Stock 10.9K Sep 18, 2023 By IRA
holding ATEC Common Stock 250K Sep 18, 2023 By MOM, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2023 to satisfy certain tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.34 to $13.59, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.29 to $13.56, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.17 to $13.58, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.