David Sponsel - 14 Feb 2024 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
EVP, SALES
Signature
/s/ Tyson E. Marshall, Attorney-in-Fact
Issuer symbol
ATEC
Transactions as of
14 Feb 2024
Net transactions value
-$40,400
Form type
4
Filing time
15 Feb 2024, 17:49:24 UTC
Previous filing
05 Feb 2024
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Sale $40,400 -2,500 -0.39% $16.16 637,418 14 Feb 2024 Direct F1
* 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 September 14, 2023, to satisfy certain tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.