David M. Demski - Dec 18, 2024 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: Dec 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/18/2024, 06:11 PM
Previous filing: Dec 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATEC	Common Stock	Award		+126K	+43.7%		414K	Dec 18, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 18, 2024, in connection with a consulting agreement entered into between the issuer and the reporting person, and as consideration for the services to be provided by the reporting person thereunder, the issuer granted to the reporting person 126,051 restricted stock units (RSUs). The RSUs vest in equal 25% increments on June 30 of each of 2025, 2026, 2027 and 2028. Notwithstanding the foregoing, if the consulting agreement is terminated before June 30, 2028, any unvested RSUs will vest on a pro-rata basis, calculated as follows: the number of actual days elapsed between the most recent vesting date (June 30) and the date of termination, divided by 365 days (the annual vesting period). Any RSUs not vested after this pro-rata calculation will be forfeited. Each restricted stock unit (RSU) represents a contingent right to receive one share of the issuer's common stock.

Content

On December 18, 2024, in connection with a consulting agreement entered into between the issuer and the reporting person, and as consideration for the services to be provided by the reporting person thereunder, the issuer granted to the reporting person 126,051 restricted stock units (RSUs). The RSUs vest in equal 25% increments on June 30 of each of 2025, 2026, 2027 and 2028. Notwithstanding the foregoing, if the consulting agreement is terminated before June 30, 2028, any unvested RSUs will vest on a pro-rata basis, calculated as follows: the number of actual days elapsed between the most recent vesting date (June 30) and the date of termination, divided by 365 days (the annual vesting period). Any RSUs not vested after this pro-rata calculation will be forfeited. Each restricted stock unit (RSU) represents a contingent right to receive one share of the issuer's common stock.