David M. Demski - 17 Oct 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
17 Oct 2023
Net transactions value
$0
Form type
4
Filing time
19 Oct 2023, 13:36:01 UTC
Previous filing
28 Jun 2023
Next filing
13 Nov 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 Award $0 +7,842 +6.5% $0.000000 127,842 17 Oct 2023 Direct F1, F2
transaction ATEC Common Stock Award $0 +23,852 +19% $0.000000 151,694 17 Oct 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 17, 2023, issuer granted to the reporting person 7,842 restricted stock units which 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.
F2 Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
F3 On October 17, 2023, issuer also granted to the reporting person 23,852 restricted stock units which vest in three equal installments on each of October 17, 2024, October 17, 2025, and October 17, 2026.