Form 4 for ATEC Alphatec Holdings, Inc.
Accepted 2022-11-04 00:00:00 ET · period of report 2022-11-02 · accession 0001415889-22-011092 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-11-04 | 2022-11-02 | ATEC | Miles Patrick | CEO, Dir | A - Grant | $0.00 | +359.4K | 5.66M | +7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-11-02 | A | A | 359,375 | $0.00 | 5,661,633 | D | — | — | (F1) On May 13, 2019, issuer granted the reporting person an incentive award (the "Award") equal to 312,500 times the publicly traded stock price for issuer's common stock at market close on May 13, 2023, which was due and payable to the reporting person in cash on May 14, 2023; provided that the publicly traded stock price for issuer's common stock at market close on May 13, 2023 is equal to or greater than $6.18 per share (representing a 50% increase in the price per share as of the initial grant date). On November 2, 2022, issuer approved an amendment to the Award which: (i) converts the Award from cash payment to payment in fully vested shares of issuer's common stock, subject to satisfaction of the original closing stock price condition; (ii) extends the payment date for the Award to June 30, 2023; and (iii) sets the number of shares of issuer's common stock subject to the Award at 359,375. |